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1021 56th Street
Townhouse in Borough Park •  building info
5bd • 4ba • 2,700ft² $596 per ft²
Sold price

$1,610,000

Key Details
Days on market
196
Last price change
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Estimated payment
$10,196
Taxes
$1,037
Monthly maintenance
N/A
Description
Legal four family brick home with a commercial overlay on border of Borough Park and Sunset Park available now! Zoned R5 with a C1-3 overlay, this versatile and rarely available property sits on a 25 x 90 irregular shaped lot with the building stretching to 80ft at its deepest. It consists of three vacant apartments and one currently occupied unit (month to month). The current layout consists of two first floor one bedroom apartments, front and back, with the ability to convert the front apartment to two bedrooms. The second floor consists of the front apartment which is a two bedroom, and the back apartment which is a 1 bedroom with an eat in kitchen. Including the basement, there is a total of appx. 3,800 sqft throughout the building, and approximately 2,600 of living space on the first and second floors. The C1-3 commercial overlay allows for retail, office, etc with a commercial FAR of 1.0 for a perfect mixed use building. This is indeed a rare gem! You are a short distance to the N Q W trains at Fort Hamilton Parkway stop and the D train at 55th Street. Call now for your appointment!

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Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Building Amenities
Fios Available
Laundry in Building
Outdoor Space
Courtyard
History
What it'll cost
Purchase price
$1,610,000
Asking Price: $1,610,000
Term
30 Years
Down Payment
$161,000 (10%)
Min: 10% (161,000)
Rate
6.5 %
Mortgage Amount
$1,449,000
Mortgage Payment
$9,159
Taxes
$1,037
Estimated closing cost
$57,000
Total monthly cost $10,196
Listing Courtesy of Douglas Elliman

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