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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.
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.
Key Features
- Built in 1906
- 0.06 acre lot
- 4 stories
Property Details
Amenities
Monthly Cost Estimate
$9,894/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
355 58th Street
Brooklyn, NY 11220
Features & Amenities
Interior Features
Property Details
Flooring
Construction
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 $8,017 based on 20% down at 6.5% interest.
Key features include: Built in 1906, 0.06 acre lot, 4 stories. Interior Features: Refrigerator, Stove.
This property is listed by Jason Zhou and can be reached at (718) 612-3088 or jasonzhourealty@gmail.com.