#489765, Listing Office: ProBase Real Estate
Property details
About 553 58th St
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!
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingOther
Size17,344 sqft
BasementYes
Year built1911
ParkingOther, Other
MLS #490169
FireplaceStove, Other
Summary
- MLS Number: 490169
- Office Name: Tiger Realty
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Last updated on: 4/28/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$5,599,000
553 58th St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 04, 2015 | Home Sold | $4,600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $782,550 | $80,270 |
| 2023 | $706,950 | $75,544 |
| 2021 | $481,500 | $118,131 |
| 2019 | $607,950 | $55,026 |
| 2018 | $445,050 | $41,930 |
| 2017 | $418,500 | $38,033 |
History based on county public records data.
Nearby schools
7
Leep Dual Language Academy Charter School
Public Charter KG-2
0.2 mi
•5323 5th Ave Fl AVE-2nd
5
Brooklyn Rise Charter School
Public Charter KG-2
0.3 mi
•475 53rd St Fl ST-2nd
4
P.S. 503: The School Of Discovery
Public District KG-5
0.3 mi
•330 59th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,000. Residents of Brooklyn, NY typically earn less than $<35k each year. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
44%
<35k
37%
35k-100k
17%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
14%
Single, with Kids
21%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
36%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 553 58th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 17,344 square foot home was built in 1911. Features: 24 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $5,599,000.
Over 22 listings were sold over their listed price in March 2025 in Brooklyn, NY. In the same period over 156 listings were sold below the listed price and 171 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between February and March 2025 increased by 3.8%. The median list price of listings available in March 2025 was $995,066, while the average time on the real estate market was 142 days.
From Rocket Homes Real Estate and based on county public records data.