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1186 E 56th StreetBrooklyn, NY 11234

For Sale

$1,250,000

Smart Buyer Rebate $15,625

NEW to the market, is a lovely 2 family home, located on a quiet, tree lined block in the historic Flatlands neighborhood of Brooklyn. This home offers 2 modernized apartments, with beautiful oak hardwood floors, granite countertops, gorgeous marble tile and high end stainless steel appliances . Each unit offers an open concept layout with abundant light, generously sized bedrooms, excellent storage, contemporary kitchens and sleek bathrooms. From top to bottom, this gem has been thoughtfully updated with high-quality finishes, making it truly move-in ready.

Unit #1 = 3 Bedrooms + 1 Bathroom
Unit #2 = 3 Bedrooms + 2 Bathrooms + Balcony
Full Finished Walk Out Basement
Garage Parking

This property is perfect for owner occupants interested in offsetting their mortgage with rental revenue OR for investors seeking strong rental income. From top to bottom, the property has been thoughtfully updated with high-quality finishes, making it truly move-in ready.

Listed by Olivia Woodson SRS

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RE/MAX City Square

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718-570-7690

Last updated November 18, 2025

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Source: OneKey #937130

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlatlands
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu1
  • Taxes$8,893.64/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/18/2025
Listed by RE/MAX City Square
$1,250,000

Estimated Closing Costs

Total
$46,875
Attorney Fees
$4,000
NYC Mansion Tax
$12,500
Title Insurance
$5,625
Bank Attorney
$1,500
Mortgage Recording Tax
$19,250
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,250,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1186 E 56th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Structure Type: Townhouse
  • Year Built: 1965
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,478
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,383

Financial

Residential Income

  • Gross Income: $7,100.00

Taxes

  • Parcel Number: 07803-0074
  • Tax Annual Amount: $8,893.64
  • Tax Assessed Value: $59,400.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Hardwood
  • Interior Features: Granite Counters, Recessed Lighting, Walk Through Kitchen, Walk-In Closet(s), Washer/Dryer Hookup

Rooms

  • Basement: Finished, Full, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Garage

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.