860 56th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $10,066/month
About This Home
Prime Sunset Park — Brick 6-Family Opportunity Positioned on a desirable block in the heart of Sunset Park, this solid brick six-family building presents a compelling opportunity in one of Brooklyn’s consistently strong rental markets. Ideal for investors looking to add value or secure a long-term hold in a sought-after location. The property features six one-bedroom apartments and includes TWO VACANT UNITS on the first floor, offering immediate flexibility for market-rate leasing, renovation, or owner use — a rare and valuable advantage in today’s environment. The building has been maintained over time and also offers a full basement providing additional storage and utility space. Conveniently located near neighborhood shopping, dining, and transportation, this is a straightforward investment opportunity backed by the enduring appeal of Sunset Park.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,236
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 20.000000x100.000000
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,800 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- 6 Units
- Sunset Park Subdivision
Listing and Financial Details
- Legal Lot and Block 0031 / 05686
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $20,812 | $509,850 | $8,100 | $501,750 |
| 2024 | $20,812 | $567,000 | $8,100 | $558,900 |
| 2023 | $18,911 | $677,700 | $8,100 | $669,600 |
| 2022 | $17,465 | $564,750 | $8,100 | $556,650 |
| 2021 | $17,511 | $451,800 | $8,100 | $443,700 |
| 2019 | $16,150 | $457,380 | $8,100 | $449,280 |
| 2018 | $15,083 | $118,588 | $2,520 | $116,068 |
| 2017 | $13,966 | $109,807 | $2,696 | $107,111 |
| 2016 | $14,156 | $109,807 | $2,977 | $106,830 |
| 2015 | $8,510 | $106,336 | $3,239 | $103,097 |
| 2014 | $8,510 | $98,501 | $3,490 | $95,011 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | For Sale | $1,599,000 | -- | $333 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20071272
APN: 05686-0031
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RLS Data display by Homes.com LLC
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