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355 58th Street, Brooklyn, New York, 11220

$1,850,000

24

Beds

9

Bathrooms

6,916

Building Sqft

0.06

Acres

2,672

Lot Sqft

About 355 58th Street

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.

Features of 355 58th Street

MLS® #
502172
Bedrooms
24
Bathrooms
9
Acres
0.06
Type
Residential
Price
$1,850,000
Square Footage
6,916
Year Built
1906
Sub-Type
Multi-Family

Community Information

Address
355 58th Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11220

Listing Information

Agent Name
Jason Zhou
Agent Office
RE/MAX Edge

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(718) 987-7900