Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

57 Troutman St 6 Unit Apartment Building $1,395,000 ($232,500/Unit) 7.97% Cap Rate Brooklyn, NY 11206

Apartment Buildings New York Brooklyn 57 Troutman St, Brooklyn, NY 11206

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 25’ x 85' brick 6-family, extremely well located in North Bushwick.
  • This will trade for only $215 per SF and a 7% Cap in place.
  • Download linked OM which contains current and projected rent rolls.
  • Three of the six units are renovated, free market (50%), and under-leased, currently averaging $37/SF vs what should be $45-50+/SF.
  • Protected tax class 2A

EXECUTIVE SUMMARY

Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Price $1,395,000 Building Class C
Price Per Unit $232,500 Lot Size 0.06 AC
Sale Type Investment Building Size 6,375 SF
Cap Rate 7.97% Average Occupancy 100%
No. Units 6 No. Stories 3
Property Type Multifamily Year Built 1931
Property Subtype Apartment
Zoning R6
Price $1,395,000
Price Per Unit $232,500
Sale Type Investment
Cap Rate 7.97%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 6,375 SF
Average Occupancy 100%
No. Stories 3
Year Built 1931
Zoning R6

LINKS

1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 03171-0055 Improvements Assessment $661,950
Land Assessment $7,200 Total Assessment $669,150

PROPERTY TAXES

Parcel Number
03171-0055
Land Assessment
$7,200
Improvements Assessment
$661,950
Total Assessment
$669,150
(914) 584-7422

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38624972

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 57 Troutman St, Brooklyn, NY 11206

More public record information on 57 Troutman St, Brooklyn, NY 11206

The Bushwick Multifamily Property at 57 Troutman St, Brooklyn, NY 11206 is currently available. Contact Matthews Real Estate Investment Services for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
57 Troutman St, Brooklyn, NY for sale Building Photo- Image 1 of 7
LoopNet-1_loopnet(with logo) (2)
57 Troutman St, Brooklyn, NY for sale Building Photo- Image 2 of 7
LoopNet-2_loopnet(with logo) (2)
57 Troutman St, Brooklyn, NY for sale Building Photo- Image 3 of 7
LoopNet-3_loopnet(with logo) (2)
57 Troutman St, Brooklyn, NY for sale Building Photo- Image 4 of 7
LoopNet-4_loopnet(with logo) (2)
57 Troutman St, Brooklyn, NY for sale Building Photo- Image 5 of 7
LoopNet-5_loopnet(with logo) (1)
57 Troutman St, Brooklyn, NY for sale Building Photo- Image 6 of 7
LoopNet-6_loopnet(with logo) (1)
1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

57 Troutman St
(914) 584-7422 x

57 Troutman St

DJ Johnston
(914) 584-7422

Bryan Kirk
(313) 402-0917

Evan Kashanian
(914) 561-8609

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.