About This Home

This 24-bedroom, 9-bathroom residential multi family at 355 58th Street in Brooklyn, NY is listed for $1,850,000 ($267 per sqft). Built in 1906, the home offers 6,916 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1906
  • 0.06 acre lot
  • 4 stories

Property Details

4 stories
9 full
1906

Amenities

Hardwood
Listing 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.

Monthly Cost Estimate

$9,894/mo

20% down · 6.5% · 30 years

Principal$1,338
Interest$8,017
Insurance$540

Estimates only. Actual payments may vary.

Location

355 58th Street

Brooklyn, NY 11220

Features & Amenities

Interior Features

RefrigeratorStove

Property Details

Flooring

TileHardwood

Construction

Brick

Questions & Answers

This 24-bedroom, 9-bathroom residential multi family at 355 58th Street is listed at $1,850,000 ($267/sqft). The estimated monthly payment is $9,895 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1906, 0.06 acre lot, 4 stories. Interior Features: Refrigerator, Stove.

This property is listed by Jason Zhou.

JZ

Jason Zhou

Agent at Womcore LLC dba Remax Edge

Listed by Womcore LLC dba Remax Edge · Broker phone: (718) 612-3088 · View on Broker Site · Broker website

MLS# 502172· Source: Brooklyn New York Multiple Listing Service· 143 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

355 58th Street, Brooklyn, NY 11220

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