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Sold for $2,100,000
  • $2,100,000

    725 58th St, Brooklyn, NY 11220

    5beds
    0baths
    2,000Square Feet
    Land
    Built in 1915
    2,000 Square Feet Lot
    $-- Zestimate®
    $1,167/sqft
    $4,519 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,519/mo

    Zestimate® history
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    What's special

    Attention all builders and developers delight! A true tremendous opportunity for investors and developers to own this land! This real estate comes with amazing potential located on one of the busiest commercial areas, the outstanding-notorious prime Sunset Park location! This offering features approved plans for a buildable land for a mixed-use, luxurious condominium, high-end magnificent multi-family, and best of all, perfect for a variety of community facilities. Massive development site consisting of a combined 20x100. It is a Valuable Opportunity for residential or commercial development located in a R6B zoned area. A blueprint of a mixed-use property is available for review. Community facilities for the first floor and basement plus 3 Families residential units have been approved on this buildable land. This highly convenient and desirable location is filled with great commerce, busy business district, diverse restaurants, supermarkets, shopping stores, and so many more amenities nearby. Public transportation is also available: B70 buses, N, Q, R, W Trains. Great school district: PS 105 The Blythebourne School, JHS 220. Take advantage of this land opportunity for builders, developers, and end-users! Don't miss out on this amazing investment opportunity. Perfect location for creative developers. Owners are ready to hear all offers!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 1,800 sqft

    Property

    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 008500069
    • Zoning: R6B

    Community & neighborhood

    Location
    • Region: Brooklyn

    Other

    Other facts
    • Property Type: Land
    • Borough: Brooklyn
    • Property Sub Type: Land
    • Zoning: R6B

    Price history

    DateEventPrice
    9/5/2024Sold$2,100,000+53.3%$1,167/sqft
    Source: Public Record Report a problem
    5/27/2021Sold$1,370,000-6.8%$761/sqft
    Source: Public Record Report a problem
    1/15/2021Listing removed$1,470,000$817/sqft
    Source: BNYMLS #441734 Report a problem
    9/21/2020Price change$1,470,000-2%$817/sqft
    Source: Momentum Real Estate LLC #441734 Report a problem
    8/18/2020Listed for sale$1,500,000+63%$833/sqft
    Source: Momentum Real Estate LLC #441734 Report a problem
    3/9/2011Sold$920,000-20%$511/sqft
    Source: Public Record Report a problem
    12/22/2010Listed for sale$1,150,000$639/sqft
    Source: BEN BAY REALTY COMPANY #356415 Report a problem
    11/19/2010Listing removed$1,150,000$639/sqft
    Source: BEN BAY REALTY,CO. #356415 Report a problem
    10/13/2010Listed for sale$1,150,000$639/sqft
    Source: BEN BAY REALTY,CO. #356415 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$40,975 +1182.9%$481,500 +3271.8%
    2024$3,194 $14,280 -4.8%
    2023-- $15,000 -4.9%
    2022-- $15,780 -5.2%
    2021-- $16,640 +2.7%
    2020$3,429 -4.9%$16,200 -4.9%
    2019$3,607 $17,040 -20%
    2018-- $21,300 -19.1%
    2017$5,364 +8.1%$26,313 +6%
    2016$4,963 $24,824 +6%
    2015$4,963 +108.2%$23,419 +6%
    2014$2,384 $22,094 +5.7%
    2013-- $20,901 +1.1%
    2012-- $20,674 +6%
    2011-- $19,506 +0.1%
    2010-- $19,491 +5.9%
    2009-- $18,412 +5.7%
    2008-- $17,418 +1.1%
    2007-- $17,229 +6%
    2006-- $16,255 +0.1%
    2005-- $16,243 +5.9%
    2004-- $15,344 +5.7%
    2003-- $14,515 +1.1%
    2002-- $14,358 +6%
    2001-- $13,546 +0.1%
    2000-- $13,536

    Find assessor info on the county website

    Neighborhood: Sunset Park

    Nearby schools

    GreatSchools rating