355 58th Street, Brooklyn, New York 11220
- $1,850,000
- 24
- BD
- 9
- BA
- 6,916
- SqFt
- List Price
- $1,850,000
- Status
- ACTIVE
- Days on Market
- 53
- MLS#
- 502172
- Year Built
- 1906
- Bedrooms
- 24
- Bathrooms
- 9
- Full Baths
- 9
- Living Area
- 6,916
- Lot Size
- 2,672
- MLS Area Major
- Sunset Park
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.
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Additional Information
- Taxes
- $16,235
- Financing
- 1031 Exchange, Bank Mortgage, Cash
- Zoning
- R6A
- Flooring
- Hardwood, Tile
- Heating
- Gas
- Exterior Features
- Brick
- Stories
- 4
- Roof
- Flat
- Foundation
- Poured Concrete
Mortgage Calculator
Courtesy Of RE/MAX Edge