NOT LISTED FOR SALE

Estimated Value: $1,165,163

6 Beds
4 Baths
3,864 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2026

Last sale price $950,000 $246 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,498 / mo

30 Days on Market

Highlights

  • Green Building
  • Balcony
  • Garage
  • Ps 207 Elizabeth G Leary Rated A-

About This Home

As of May 2026

Welcome to 2053 East 56th Street Two Family located on a quiet residential block in desirable Old Mill Basin, this expansive two-family home offers approximately 3,864 square feet of living space, which sits on a 27ft X 100ft lot including a finished basement.

The first-floor apartment features 2 bedrooms and 1 full bathroom. The upper apartment offers 4 bedrooms and 2.5 bathrooms, duplex providing generous living space long term living or rental income potential.

A full finished basement adds flexible bonus space perfect for recreation, storage, workspace, or future customization.

The property requires some TLC and presents an excellent opportunity for buyers looking to renovate, update, and add value. All photos have been virtually staged to showcase layout and design possibilities.

Whether you're an end-user seeking income potential or an investor looking for a value-add opportunity, this substantial two-family home offers space, flexibility, and upside in a well-established Brooklyn neighborhood. Located close to Kings Plaza and just steps away from public transportation.

The Opportunity

Legal Two Family
2 stories plus full basement
SQFT: 3864
Lot: 27ft X 100ft
Building Dim: 22ft X 52ft
Zoned: R5
Taxes: $11,557 Yearly

Last Agent to Sell the Property

Donovan Rowe

Corcoran Group License #10401366250 Listed on: 02/16/2026

Corcoran Group

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,556

Year Built

  • Built in 1970

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 100.00x27.00

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Additional Features

  • 3-Story Property
  • Balcony
  • Cooling Available

Community Details

  • 2 Units
  • Old Mill Basin Subdivision

Listing and Financial Details

  • Legal Lot and Block 0017 / 08399

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,556

Year Built

Built in 1970

Lot Details

2,700 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Old Mill Basin
  • Entry Level: 1
  • Structure Type: Townhouse
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2026-05-01", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": true, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-27T13:46:42.647-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "334", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1153091014, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "33469428", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": null, "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1153091014", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"PercentOfCommonElements\": \"0.00\",\n \"FlipTax\": \"0.00\",\n \"LandmarkStatusYN\": \"0\",\n \"CapitalReservesYN\": \"0\",\n \"BuildingTaxLot\": \"0017\",\n \"BuildingSmokeFreeYN\": \"1\",\n \"PrivateOutdoorSpaceSize\": \"GreaterThan60SqFt\",\n \"ViewRemarks\": \" \",\n \"BuyerAgentRLSParticipantYN\": \"1\",\n \"SponsorUnitYN\": \"0\",\n \"CertificateOfOccupancyYN\": \"1\",\n \"TaxAbatementYN\": \"0\",\n \"AttendanceType\": \"None\",\n \"ListingKey\": \"1153091014\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658936", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": "52.00x22.00", "PropertySubType": "Multi Family", "UnitLocation": "1", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 6

Exterior Features

  • Pool Features: Building None
  • View: Other
  • View: No
  • Exterior Features: Balcony, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2700.0
  • Lot Size Dimensions: 100.00x27.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1970

Tax Info

  • Tax Block: 08399
  • Tax Lot: 0017
  • Tax Annual: 11556.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2026
Closed on
May 1, 2026
Sold by
Deborah Folk Family Trust and Folk-Nagua
Bought by
Seller's Agent
Donovan Rowe
Corcoran Group
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$1,075,000
Sold Price
$950,000
Premium/Discount to List
-$125,000
-11.63%
Views
77
Current Estimated Value
$1,165,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,163
Avg. Annual Appreciation
71.13%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Cheryl and Estate Of Evelyn Lorraine-Frye
Bought by
Deborah Folk Family Trust

Purchase Details

Closed on
Jun 24, 2003
Sold by
Shanaj Fatmira and Shanaj Luan
Bought by
Frye Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.45%

Purchase Details

Closed on
Dec 5, 1997
Sold by
Light Geraldine
Bought by
Shanaj Luan and Shanaj Fatmira
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mill Basin, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$950,000 --
Deborah Folk Family Trust -- --
Frye Evelyn $570,000 --
Shanaj Luan $288,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $448,000
Previous Owner -- $448,000
Closed Shanaj Luan $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 Sold $950,000 0.0% $246 / Sq Ft
05/01/2026 05/01/26 Price Changed $950,000 -11.6% $246 / Sq Ft
03/18/2026 03/18/26 Pending -- -- --
02/16/2026 02/16/26 For Sale $1,075,000 -- $278 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,037 $79,200 $14,040 $65,160
2025 $10,756 $79,260 $14,040 $65,220
2024 $10,756 $87,240 $14,040 $73,200
2023 $10,791 $76,800 $14,040 $62,760
2022 $4,848 $62,880 $14,040 $48,840
2021 $4,811 $48,540 $14,040 $34,500
2020 $2,247 $58,860 $14,040 $44,820
2019 $4,497 $56,220 $14,040 $42,180
2018 $4,334 $45,447 $11,909 $33,538
2017 $4,070 $42,875 $12,620 $30,255
2016 $3,733 $40,449 $13,146 $27,303
2015 $2,394 $38,160 $13,260 $24,900
2014 $2,394 $38,160 $13,260 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20072248

Real Estate Board of New York (REBNY)

APN: 08399-0017

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