Address
355 58th Street, Brooklyn, NY
Price
$ 1,850,000
Property Attributes
- MLS#502172
- TypeMulti-Family
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodSunset Park
- Zip11220
- StyleMulti-Family
- Year Built1906
- Taxes$ 16235
- Price$ 1,850,000
- Bedrooms24
- Full Bathrooms9
- Half Bathrooms0
- Sqr Footage6916
- Lot Size0.061341 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Rare oversized 8-family investment property in the heart of Sunset Park! Situated on a 27' x 100' lot with an impressive 27' x 70' building size, this well-maintained property features 8 spacious 3-bedroom apartments and 9 full bathrooms. Four stories with 2 apartments per floor over a full basement with a separate entrance. Currently generating approximately $160,260 in annual income with an attractive 6.65% cap rate. Excellent long-term investment opportunity in one of Brooklyn's most sought-after neighborhoods. Conveniently located near shopping, restaurants, schools, and public transportation. Strong rental demand and stable cash flow make this a rare find for investors.
| Price History | |
|---|---|
| 6/10/2026 | Listed $1,850,000 |
General Features
| Net Operating Income | 123085.00 |
|---|---|
| Roof | Flat |
| Zoning | R6A |
| Electric | 110 V,220 V,Circuit Breakers |
| Stories Count | 4 |
| Property Type | Residential |
| Block | 846 |
| Cap Rate | 0.07 |
| Lot Number | 51 |
| Yearly Taxes | 16235.00 |
| Transaction Type | Sale |
| Insurance Expense | 5500.00 |
| Utility Expense | 1440.00 |
| Gross Expense | 37175.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 160260 |
| Status | Active |
| Fuel Expense | 6000.00 |
| Total Rooms | 40 |
| Construction Materials | Brick |
| Cumulative Days on Market | 98 |
| MLS Area | Sunset Park |
| Sub Type | Multi-Family |
| Year Built | 1906 |
| City | Brooklyn |
| Borough | Brooklyn |
| Residential Features | Refrigerator,Stove |
| DOM | 98 |
| Sale Type | Arm's Length |
| # Families | 8 |
| Public Remarks | Rare oversized 8-family investment property in the heart of Sunset Park! Situated on a 27' x 100' lot with an impressive 27' x 70' building size,this well-maintained property features 8 spacious 3-be |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Hardwood,Tile |
| Hot Water | Gas |
| Full Baths | 9 |
| Building Amenities | NONE |
| Sq Ft Total | 6916 |
| Basement Amenities | Full,Separate Entrance |
| Beds Total | 24 |
| Total Baths | 9.00 |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back,Front |
| Foundation | Poured Concrete |
| Lot Sq Ft | 2672 |
| Building Length | 70.00 |
| Building Width | 27.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 27 |
| Parking Attrib | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 11220
Price
Taxes
Year Built
Visits
In The Neighborhood
Just Listed
Brooklyn
$ 1,399,000
- Type
- Multi-Family
- Size
- 5,100 SqFt
- Rooms
- 17 Beds + 6 Baths
Listed by: Tiger Realty
Brooklyn
$ 1,659,000
- Type
- Multi-Family
- Size
- 2,820 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Tiger Realty
Brooklyn
$ 2,099,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 3.5 Baths
Listed by: Real Estate Top Sales LLC
Brooklyn
$ 2,899,000
- Type
- Multi-Family
- Size
- 2,840 SqFt
- Rooms
- 8 Beds + 5 Baths
Listed by: RE/MAX Real Estate Professiona
Brooklyn
$ 2,495,000
- Type
- Multi-Family
- Size
- 7,140 SqFt
- Rooms
- 0 Beds + 11 Baths
Listed by: Momentum Real Estate LLC
Brooklyn
$ 2,495,000
- Type
- Multi-Family
- Size
- 7,140 SqFt
- Rooms
- 0 Beds + 9 Baths
Listed by: Momentum Real Estate LLC
Brooklyn
$ 1,595,000
- Type
- Multi-Family
- Size
- 4,400 SqFt
- Rooms
- 14 Beds + 7 Baths
Listed by: RE/MAX Real Estate Professiona
Brooklyn
$ 2,350,000
- Type
- Multi-Family
- Size
- 1,922 SqFt
- Rooms
- 6 Beds + 2 Baths
Listed by: Tiger Realty
Brooklyn
$ 1,300,000
- Type
- Multi-Family
- Size
- 4,250 SqFt
- Rooms
- 0 Beds + 6 Baths
Listed by: Tiger Realty
Brooklyn
$ 1,325,000
- Type
- Multi-Family
- Size
- 2,352 SqFt
- Rooms
- 5 Beds + 4 Baths
Listed by: Tiger Realty
Brooklyn
$ 1,950,000
- Type
- Multi-Family
- Size
- 2,892 SqFt
- Rooms
- 0 Beds + 3 Baths
Listed by: Tiger Realty
Brooklyn
$ 2,499,900
- Type
- Multi-Family
- Size
- 12,460 SqFt
- Rooms
- 36 Beds + 16 Baths
Listed by: E House Realty & Mgt. Inc.
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