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553 58th Street, Brooklyn, New York, 11220

$5,599,000

0

Beds

Bathrooms

17,344

Building Sqft

0.14

Acres

6,010

Lot Sqft

About 553 58th Street

Welcome to a distinguished 4-story walk-up apartment building 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 SF 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 minutes away 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 property is well-positioned to deliver consistent returns. Contact us today to learn more about this exceptional property!

Features of 553 58th Street

MLS® #
490169
Full Baths
24
Acres
0.14
Type
Residential
Price
$5,599,000
Square Footage
17,344
Year Built
1911
Sub-Type
Multi-Family

Community Information

Address
553 58th Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11220

Listing Information

Agent Name
ChiNuan (Chris) Liang
Agent Office
Tiger Realty

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(718) 987-7900