Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,610,000

· Closed November 28, 2023

1021 56TH Street #NA
Closed For Sale Multi Family

$1,610,000

$596 per sq ft

1021 56TH Street #NA

Borough Park, Brooklyn

MLS® #RLS10919643

RLS at REBNY

Listing by Douglas Elliman Real Estate

5

Bedrooms

4

Baths

2,700

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 2,700 sq ft
Year Built 1920
Ownership None
Property Taxes $12,444/yr
Neighborhood Borough Park
Floor 1 of 2

Property Highlights

  • Views: Other
  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 4 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1920
Living Area 2,700 sq ft
Structure Type Townhouse
Basement Other
Parcel # 05681-0064
Block/Lot 01824/0064

Listing History

Event Date Price Change
Listed May 17, 2023 $1,880,000 -
Currently May 29, 2026 $1,610,000 -14.4%

Description

Legal four family brick home with a commercial overlay on border of Borough Park and Sunset Park available now! Zoned R5 with a C1-3 overlay, this versatile and rarely available property sits on a 25 x 90 irregular shaped lot with the building stretching to 80ft at its deepest. It consists of three vacant apartments and one currently occupied unit (month to month). The current layout consists of two first floor one bedroom apartments, front and back, with the ability to convert the front apartment to two bedrooms. The second floor consists of the front apartment which is a two bedroom, and the back apartment which is a 1 bedroom with an eat in kitchen.

Including the basement, there is a total of appx. 3,800 sqft throughout the building, and approximately 2,600 of living space on the first and second floors. The C1-3 commercial overlay allows for retail, office, etc with a commercial FAR of 1.0 for a perfect mixed use building.

This is indeed a rare gem! You are a short distance to the N Q W trains at Fort Hamilton Parkway stop and the D train at 55th Street. Call now for your appointment!

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 2
Structure Townhouse

Financial Details

RE Taxes $12,444/yr ($1,037/mo)
Original Price $1,880,000
Sale Price $1,610,000
Previous Price $1,880,000

Borough Park is a large residential neighborhood in southwestern Brooklyn defined by brownstone and brick rowhouses, multi-family walk-ups, and low-rise co-ops, with an active commercial corridor along 13th Avenue. The D and N trains serve the BMT West End and Sea Beach Lines respectively, while the F and G trains run along McDonald Avenue on the IND Culver Line. Prospect Park lies just northeast of the neighborhood, offering 585 acres of meadows, sports fields, and parkland.

Borough Park Live Market Data

View Neighborhood

Active Listings

3

Median Asking Price

$900K

Median $/Sqft

$785

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$4.00M

Live data from RLS at REBNY • Updated 5/29/26, 5:29 PM EST

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Location

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1021 56TH Street #NA, Borough Park, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
4
Residential Units
R5
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $508,950
Land Value: $127,800
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,250 SF
Building Area: 4,000 SF
Built FAR: 1.78
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $12,444, or roughly $1,037 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 2,700 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,610,000 for 2,700 sq ft, the asking price per square foot is approximately $596. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10919643
First Listed: 5/17/2023
On Market: 5/17/2023
Price Changed: 11/29/2023
Closed: 11/28/2023
Contract Date: 5/4/2023

Listing Courtesy of Douglas Elliman Real Estate - Daniel Soldano

Listing Contact: (718) 333-5233

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/29/2026 at 9:29 PM UTC

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