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56 Riverdale Ave, Brooklyn, NY, 11212

5beds
3baths
2,280sqft
$849,000
$372price/sqft
$5,392/moest. monthly cost
$215,680/yrincome needed

About This Home

Welcome to 56 Riverdale, a versatile and meticulously maintained legal two-family residence in the heart of Brooklyn. This property offers a rare combination of 2,280 square feet of space, function, and income potential, making it a standout opportunity for those looking to offset their mortgage or expand a portfolio. The home features a thoughtfully designed layout, starting with a spacious three-bedroom, 1.5-bathroom owner’s duplex. The interior is elevated by a renovated granite kitchen+dishwasher, modern recessed lighting and an abundance of storage space throughout. Above, you’ll find an updated bright two-bedroom, one-bathroom rental unit, perfect for generating immediate monthly income. Outdoor living is a true highlight here. The expansive backyard provides a private retreat with plenty of room for gardening or relaxation, complemented by a dedicated shed for additional storage. To top it off, the property includes gated parking—a premium find in Brooklyn. Whether you're looking for a smart investment or a place to call home, 56 Riverdale is ready for its next chapter. This home keeps you effortlessly connected to the best of the neighborhood and beyond. You're just a few blocks from the Saratoga Avenue 3 train for a quick commute, while the vibrant commercial corridors of Rockaway and Pitkin Avenues offer local shopping and dining right at your fingertips. This highly walkable area also puts the expansive green space, sports fields, and track at Betsy Head Park nearby, making it easy to enjoy the outdoors within your community.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
72
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1996

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,280
  • Total interior livable area: 2,280 sqft

Property

Details

  • Parcel number: 035960029
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden
  • Has view: Yes
  • View description: Garden

Parking

  • Parking features: Garage
  • Has garage: Yes

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 WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
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 $4,293$51,516
Home Insurance *$327$3,924
Property Taxes $396$4,752
Electricity $376$4,521
Total$5,392$64,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,868/yr
40% on housing$161,760/yr
45% on housing$143,786/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

$372This listing

vs Other Active Listings

Avg $/sqft

ZIP 11212$455
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11212$542
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)

Price History

DateEventPrice
2026-07-31Listed for sale$849,000
1998-12-02Sold$216,500

For Sale by Agent

AgentJamesia Purkett
BrokerageJAY MICHELLE REALTY LLC

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