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Investment Highlights

  • Asking Price: $5,700,000
  • Asset Type: Multifamily - 8 units
  • Square Footage: 6,989 SF

Property Facts

Price $5,700,000
Price Per Unit $712,500
Sale Type Investment
Cap Rate 6.40%
Gross Rent Multiplier 11.8
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,989 SF
Average Occupancy 87%
No. Stories 4
Year Built 2017
Zoning M1-2R6

Amenities

Unit Amenities

  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1.5 4 - 642
2+1 1 - -
3+1.5 3 - 1,159
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
02737-0010
Land Assessment
$125,100
Improvements Assessment
$1,347,300
Total Assessment
$1,472,400
  • Listing ID: 41378526

  • Date on Market: 7/21/2026

  • Last Updated:

  • Address: 56 Frost St, Brooklyn, NY 11211

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