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641 56th St, Brooklyn, NY, 11220

15beds
7baths
4,680sqft
$1,750,000
$374price/sqft
$10,854/moest. monthly cost
$434,160/yrincome needed

About This Home

Rare-find oversized 6-family building with a 25'×72' building size sitting on a 25'×100' lot in prime Sunset Park. This well-maintained property features 3 three-bedroom apartments and 3 two-bedroom apartments over a full basement with a separate front entrance. Separate gas boilers and hot water heaters allow tenants to pay their own heat, hot water, and cooking gas, keeping operating expenses low. 3 apartments are currently owner/employee occupied, offering strong upside potential for future rental growth. Conveniently located near shopping, restaurants, schools, and transportation. An excellent investment opportunity with significant income potential. Won't last!

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

10/10
Ps 105 The BlythebourneGrades K-50.6 mi
10/10
Jhs 220 John J PershingGrades 6-80.5 mi
4/10
Fort Hamilton High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1924

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

  • Bedrooms: 15
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 4,680
  • Total interior livable area: 4,680 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Cold Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$417$5,004
Property Taxes $816$9,792
Electricity $773$9,280
Total$10,854$130,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$372,137/yr
40% on housing$325,620/yr
45% on housing$289,440/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$374This listing

vs Other Active Listings

Avg $/sqft

ZIP 11220$877
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11220$660
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-16Listed for sale$1,750,000

For Sale by Agent

AgentJason Zhou
BrokerageRemax Edge

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