- For Sale $1,850,000
- Property Type Multi-Family
- Property Size 1,890 SF
- Lot Size 0.06 Acre
- Cap Rate % 0.07
- NOI / YR $123,085.00
- Taxes / YR $16,235.00
- Year Built 1906
- Date Updated Nov 6, 2026
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.
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Contacts
Jason Zhou
RE/MAX Edge
Location
Located at 355 58th, Brooklyn, NY 11220, this property is part of the Sunset Park neighborhood and Brooklyn market.
Contact Listing Broker
Jason Zhou
RE/MAX Edge