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57 Stagg Street

$4,200,000

57 Stagg Street, Brooklyn, NY 11206

Active
Last Updated: 07/28/2026

5.04

Cap Rate

211,847.52

NOI

Details:
Cap Rate:    5.04%
NOI:    $211,847.52
Pro Forma Cap Rate :    5.5%
Building Size:    2,800 sqft
Lot Area:    1,600 sqft
Units:    4
Zoning:    R6B
Highlights:
  • Transit Oriented. Conveniently located near G, J & M trains
  • Free-Market Building in Fast Growing Williamsburg
  • Strong In-Place Income
  • New Construction Build
  • Three blocks to Strenberg Park and close distance to McCarren Park
  • In the heart of vibrant retail blocks
Description:

57 Stagg Street is a well-positioned multifamily property located in East Williamsburg, one of Brooklyn’s most active and rapidly evolving mixed-use neighborhoods. Situated between Graham Avenue and Humboldt Street, the property benefits from outstanding accessibility via the L, G, J, M, and Z subway lines, providing direct connections to Williamsburg, Long Island City, Downtown Brooklyn, and Manhattan.

The surrounding area is defined by a vibrant mix of renovated industrial buildings, new residential developments, creative office users, acclaimed restaurants, breweries, cafés, and neighborhood retail that continue to attract residents, employers, and investment. Its proximity to Williamsburg’s established retail corridors, the Brooklyn waterfront, and Bushwick’s creative district reinforces the property’s long-term appeal. Supported by continued residential growth, limited multifamily inventory, and one of New York City’s strongest rental markets, 57 Stagg Street represents an exceptional opportunity to own a well-located asset in one of Brooklyn’s most resilient neighborhoods.

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery