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57 Stagg St
Brooklyn, NY 11206
Multifamily Property For Sale
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4 Units
Executive Summary
57 Stagg Street is a well-positioned multifamily property located in East Williamsburg, one of Brooklyn’s most active and rapidly evolving mixed-use neighborhoods. Situated between Graham Avenue and Humboldt Street, the property benefits from outstanding accessibility via the L, G, J, M, and Z subway lines, providing direct connections to Williamsburg, Long Island City, Downtown Brooklyn, and Manhattan. The surrounding area is defined by a vibrant mix of renovated industrial buildings, new residential developments, creative office users, acclaimed restaurants, breweries, cafés, and neighborhood retail that continue to attract residents, employers, and investment. Its proximity to Williamsburg’s established retail corridors, the Brooklyn waterfront, and Bushwick’s creative district reinforces the property’s long-term appeal. Supported by continued residential growth, limited multifamily inventory, and one of New York City’s strongest rental markets, 57 Stagg Street represents an exceptional opportunity to own a well-located asset in one of Brooklyn’s most resilient neighborhoods.
Property Facts
| Price Per Unit | $1,050,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 5.04% | Building Size | 2,100 SF |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. | ||
| Price Per Unit | $1,050,000 |
| Sale Type | Investment |
| Cap Rate | 5.04% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,100 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 03023-0044 | Improvements Assessment | $443,250 |
| Land Assessment | $60,750 | Total Assessment | $504,000 |
Property Taxes
Parcel Number
03023-0044
Land Assessment
$60,750
Improvements Assessment
$443,250
Total Assessment
$504,000
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