The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$5,300,000
413 57th St
Brooklyn, NY, 11220
View more Brooklyn, NY property pages23Beds
12.75Baths
N/ASqft
N/A$/sqft
Listing Notes
Attention property investors-this is a rare opportunity you don't want to miss. This newly constructed 7-story residential building features 12 units (2 units per floor) and is not subject to rent control, offering maximum income flexibility and long-term upside. Each floor consists of: - Front unit: 1-bedroom - Rear unit: 2-bedroom The property spans approximately 9,000 square feet and is built with concrete and steel construction, ensuring durability, superior soundproofing, and minimal maintenance costs. Financial Highlights: - Current Net Operating Income (NOI): $349,906 annually - Cap Rate: 6.6% - Additional upside: Potential T-Mobile rooftop lease for antenna installation, projected to generate an extra $50,000 annually Key Features: - Tenants pay all utilities, including heat and hot water - Low operating expenses - Strong, stable income stream with additional upside Location: Situated in an excellent, high-demand area, just minutes to Manhattan via the N train, and adjacent to Park Slope, one of Brooklyn's most desirable
Market Insights
Market comparison pendingN/A
Comparable price-per-square-foot data is still developing for this home.
Nearby median$844/sqft
Nearby properties7
Property sizeN/A
- 7 nearby properties available for comparison.
- Price history is limited, so current comps matter more than trend alone.
- Square footage is missing, so valuation should lean more heavily on comps and condition.
Estimated Monthly Payment
Per month, all-in$34,834/mo
Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.
- Principal & interest$28,209
- Property tax (est.)$4,858
- Home insurance (est.)$1,767
Property Read
Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.
Price history is still limited; review again as more market activity becomes available.
Diligence Read3 items to check
AI ReadinessNeeds verification
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 42 days
- Last price change
- No change recorded
- Listed
- Mar 31, 2026
- Photos
- 18 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Jan 13, 2016 · $3,000,000
Features & Amenities
Central AirDisability FeaturesHardwood FloorsTwo Or More StoriesRental PropertyDenMaintenance
Photos
Building Facts
- Year built
- 1899
- Stories
- 7
- Total units
- 12
- Residential units
- 12
- Building area
- 8,800 sqft
- Lot size
- 2,000 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D1
From NYC public records where available.
Price History
May 4, 2026Initial record
$5,300,000for sale
Public Records
DOB violations0 open
2 total recorded against the building
HPD violations0 open
30 total recorded
ACRIS documents56
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,227
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,350
- Blocked Driveway2,421
- Noise - Residential2,077
- HEAT/HOT WATER1,694
- Noise - Street/Sidewalk1,477
Recent DOB
- Aug 24, 2016V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
- Aug 24, 2016V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
Recent HPD
- May 1, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 27, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Mar 20, 2023Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Feb 22, 2022Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.