#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
Summary
- MLS Number: 490169
- Office Name: Tiger Realty
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/4/2025, 9:20:47 PM 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. The majority of Brooklyn, NY residents have income less than $<35k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
Similar homes for sale
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.
Brooklyn, NY housing market in March 2025 saw over 22 listings sold above listed price, more than 171 sold at listed price and over 156 sold below. In March 2025 in Brooklyn, NY there were 3.8% more homes for sale than in February. 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.