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$ 5,599,000
Est. payment /mo
Active
553 58th ST Brooklyn, NY 11220
UPDATED:
02/18/2025 06:53 PM
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
Listed by Skylux Realty Inc