553 58th ST Active

Brooklyn,NY 11220

$ 5599000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY821542

Originating Board onekey2

Rental Info No

Year Built 1911

Annual Tax Amount $80,258

Property Sub-Type Multi Family

Property Description

Welcome to a distinguished four-story walk-up apartment building nestled in the heart of Brooklyn's vibrant Sunset Park neighborhood. This well-maintained property has 24 residential units, offering a total of 55 Bedrooms and 24 Bathrooms across 17,369 square feet of living space. Residents enjoy spacious living space with vaulted ceilings, modern kitchens, and the convenience of on-site laundry facilities. Annual Owner Operating Income is $533K/year. Situated in the desirable Sunset Park Area, residents have access to a plethora of amenities, including restaurants, retail shops and cultural attractions. Public transportation options are abundant. Subway: The property is approximately a 5-minute walk from the 59th St station, served by N&R lines. Bus: Several bus routes are accessible nearby, including the B11, B37 and X27. This property represents a compelling investment opportunity in a thriving Brooklyn neighborhood. With its solid income stream, manageable expenses and prime location, this building is well-positioned to deliver consistent returns. Contact us today to learn more about this exceptional property!

Location

State NY

County Kings (brooklyn)

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Individual Units

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected,Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Brooklyn 20

Others

Special Listing Condition None

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