For Sale

Listed by ChiNuan Liang from Tiger Realty

Source: Brooklyn Board of REALTORS® #490169

553 58th Street, New York, NY, 11220

$5,599,000

24
17344 sq. ft.
6010 sq. ft.

MultiFam

30+ days on the market

What's around 553 58th Street

About this property

Welcome to a distinguished 4-story walk-up apartment building 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 SF 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 minutes away 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 property is well-positioned to deliver consistent returns. Contact us today to learn more about this exceptional property!

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