334 58th Street, Brooklyn, New York 11220

$1,595,000
14
BD
7
BA
4,400
SqFt

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List Price
$1,595,000
Status
ACTIVE
Days on Market
2
MLS#
504225
Style
Other
Year Built
1906
Bedrooms
14
Bathrooms
7
Full Baths
7
Living Area
4,400
Lot Size
2,003
MLS Area Major
Sunset Park

Property Description

Prime opportunity to own a rent-stabilized 7-family apartment building in the highly desirable Sunset Park neighborhood. This solid, well-maintained property offers a strong unit mix, stable tenancy, and dependable long-term cash flow—ideal for investors and 1031 buyers seeking a secure, income-producing asset in one of Brooklyn’s most consistently performing rental markets. The building features seven residential units, each with functional layouts, good natural light, and steady rental demand. Several apartments offer updated kitchens, baths, and modern finishes, while others present value-add potential for future improvements. The property is well-kept throughout, with clean common areas, updated mechanicals, and a reliable rent roll supported by rent-stabilized tenancy. Located on a quiet, tree-lined block just moments from Sunset Park, Industry City, shopping, dining, and multiple transportation options including the R train and express bus service. The neighborhood continues to experience strong growth, making this an exceptional long-term hold with consistent occupancy and appreciation potential. A rare chance to secure a stabilized multi-family asset in a prime Brooklyn location. Shown by appointment only.

Additional Information

Taxes
$15,805
Financing
1031 Exchange, Bank Mortgage, Cash
Property Description
Other
Zoning
R6A
Flooring
Ceramic, Hardwood, Tile
Heating
Gas
Exterior Features
Brick
Stories
3
Roof
Asphalt/Tar
Foundation
Poured Concrete

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Courtesy Of RE/MAX Real Estate Professiona