553 58th Street, New York, NY, 11220, New York, NY, 11220

New York, NY
$5,599,000
📅 Built 1911

Property Description

Welcome to a distinguished four-story walk-up apartment building nestled in the heart of Brooklyn's vibrant Sunset Park neighborhood. This well-maintained property has 24 residential units, offering a total of 55 Bedrooms and 24 Bathrooms across 17,369 square feet of living space. Residents enjoy spacious living space with vaulted ceilings, modern kitchens, and the convenience of on-site laundry facilities. Annual Owner Operating Income is $533K/year. Situated in the desirable Sunset Park Area, residents have access to a plethora of amenities, including restaurants, retail shops and cultural attractions. Public transportation options are abundant. Subway: The property is approximately a 5-minute walk from the 59th St station, served by N&R lines. Bus: Several bus routes are accessible nearby, including the B11, B37 and X27. This property represents a compelling investment opportunity in a thriving Brooklyn neighborhood. With its solid income stream, manageable expenses and prime location, this building is well-positioned to deliver consistent returns. Contact us today to learn more about this exceptional property!

Property Details

Year Built
1,911
Property Sub Type
Multi Family
Cooling System
Multi Units
Public Remarks
Welcome to a distinguished four-story walk-up apartment building nestled in the heart of Brooklyn's vibrant Sunset Park neighborhood. This well-maintained property has 24 residential units, offering a total of 55 Bedrooms and 24 Bathrooms across 17,369 square feet of living space. Residents enjoy spacious living space with vaulted ceilings, modern kitchens, and the convenience of on-site laundry facilities. Annual Owner Operating Income is $533K/year. Situated in the desirable Sunset Park Area, residents have access to a plethora of amenities, including restaurants, retail shops and cultural attractions. Public transportation options are abundant. Subway: The property is approximately a 5-minute walk from the 59th St station, served by N&R lines. Bus: Several bus routes are accessible nearby, including the B11, B37 and X27. This property represents a compelling investment opportunity in a thriving Brooklyn neighborhood. With its solid income stream, manageable expenses and prime location, this building is well-positioned to deliver consistent returns. Contact us today to learn more about this exceptional property!
New Construction
No
Lot Size (Square Feet)
6,010
Construction Materials
Brick
Utilities Available
Electricity Connected, Natural Gas Connected, Water Connected
Water Source
Public
Sewer System
Public Sewer
Directions
Please refer to Google Maps
Waterfront
No
Association
No
Horse Property
No
Private Pool
No

MLS Information

Listed by: Skylux Realty Inc - Fei Guo
MLS ID: KEY821542
Last Updated: May 1, 2025
Source: onekey2

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Share This Property

Contact Us

Interested in this property? Contact Best American Homes today!

Phone: +1 (516) 792-6252
Email: shah@bestamericanhomes.com
Address: 1561 N Central Ave, Valley Stream, NY 11580