334 58th Street
Property Description
Prime opportunity to own a rent-stabilized 7-family apartment building in the highly desirable Sunset Park neighborhood. This solid, well-maintained property offers a strong unit mix, stable tenancy, and dependable long-term cash flow-ideal for investors and 1031 buyers seeking a secure, income-producing asset in one of Brooklyn's most consistently performing rental markets. The building features seven residential units, each with functional layouts, good natural light, and steady rental demand. Several apartments offer updated kitchens, baths, and modern finishes, while others present value-add potential for future improvements. The property is well-kept throughout, with clean common areas, updated mechanicals, and a reliable rent roll supported by rent-stabilized tenancy. Located on a quiet, tree-lined block just moments from Sunset Park, Industry City, shopping, dining, and multiple transportation options including the R train and express bus service. The neighborhood continues to experience strong growth, making this an exceptional long-term hold with consistent occupancy and appreciation potential. A rare chance to secure a stabilized multi-family asset in a prime Brooklyn location. Shown by appointment only.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,595,000 |
| No. of Units: | 7 |
| Year Built: | 1906 |
| Lot Size: | 4,400.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $227,857 |
| Property Website | Click Here |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 7 |
ID: 3yd-BMLSNY-504225
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