Sold for $2,900,000

$2,900,000

717 58th St, Brooklyn, NY 11220

19beds

11,360sqft

Multi Family

Built in 1928

-- sqft lot

$2,912,800 Zestimate^®

$255/sqft

$2,918 Estimated rent

Home value

$2,912,800

$2.68M - $3.15M

$2,918/mo

Zestimate^® history

Owner options

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$2,918/mo

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$2,918/mo

Rent Zestimate^®

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$17,229/mo

Est. payment

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$17,229/mo

Est. payment

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What's special

Rare-Find Excellent Investment Opportunity for this 16-Family with 10 Vacant Apartments is located in the center of Prime Sunset Park Neighborhood. Potentially about $300,000 annual gross income and about $200,000 in net operating income with 6.5% CAP rate. Building size 40x86' with approx. 11,360 square feet living space is sitting on 40x100.17 lot. Numerous improvements and upgrades have been done for the past couple months. The 16 apartments are consisting of 3 two-bedroom and 13 oversized one-bedroom apartments that can be easily converted into 2 bedrooms OVER full basement with separate entrance. Won't Last!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 19
Bathrooms: 17
Full bathrooms: 16
3/4 bathrooms: 1

Heating

Oil, Steam/Radiator

Appliances

Included: Refrigerator, Stove, Oil Water Heater

Features

Flooring: Hardwood, Tile
Basement: Full,Partially Finished,Separate Entrance

Interior area

Total structure area: 11,360
Total interior livable area: 11,360 sqft

Property

Parking

Parking features: None

Features

Stories: 4

Lot

Size: 4,007 sqft
Dimensions: 40x100
Features: Back Yard, Front Yard

Details

Foundation area: 3440
Zoning: R6B
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick
Foundation: Concrete Perimeter
Roof: Flat

Condition

Year built: 1928

Utilities & green energy

Electric: 110 V, 220 Volts, Circuit Breakers

Community & neighborhood

Location

Region: Brooklyn
Subdivision: Brooklyn

Price history

Date	Event	Price
11/12/2025	Sold	$2,900,000-2.9%$255/sqft
Source: BNYMLS #487772 Report a problem
3/26/2025	Pending sale	$2,988,000$263/sqft
Source: BNYMLS #487772 Report a problem
12/2/2024	Listed for sale	$2,988,000$263/sqft
Source: BNYMLS #487772 Report a problem