Restaurant and Office Mixed-Use
135 58th Street Brooklyn, NY 11220
135 58th Street, Brooklyn, NY, 11220
$1,800,000
For Sale
$1,800,000
COMMERCIAL - Brooklyn, NY
Property Size4,750 SF
Lot Size0.06 Acres
Price / SF$378.95
Days on Market555
Property Features for 135 58th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M3-1
- Standard status
- Active
- Size
- 4,750 SF
- Lot size
- 0.06 Acres
Building Details
- Year built
- 2001
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Tile, Ceramic
- Building materials
- Brick
- Roof type
- Flat
Listing agency
BHHS Fillmore R.E.
(718) 377-6161
Listed by
Gus Ktistakis
(718) 368-2500
Added: Jan 13, 2025 Updated: Jun 13 at 10:30PM Checked: Jul 22 at 3:06AM
MLS# 488546
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines a fully equipped restaurant space with kitchen facilities and seating for 30+ guests, along with three office rooms. The building is described as approximately 10 years old and is set up for day-to-day operations, with tenant utilities handled separately.
The property is located in Brooklyn and is described as close to Lutheran Hospital and Bush Terminal, supporting a convenient customer and workforce presence. The listing identifies the zoning as M3-1, which may be relevant for permitted uses and operational planning.
For restaurateurs or owner-operators seeking both dining and workspace in one building, the on-site kitchen and seating arrangement provide an immediately functional setup. For tenants or buyers considering office use alongside food service, the layout includes three office areas in addition to the restaurant. As noted in the remarks, the tenant pays their own heat and air conditioning utilities, which can simplify budgeting for climate control expenses.
The property is located in Brooklyn and is described as close to Lutheran Hospital and Bush Terminal, supporting a convenient customer and workforce presence. The listing identifies the zoning as M3-1, which may be relevant for permitted uses and operational planning.
For restaurateurs or owner-operators seeking both dining and workspace in one building, the on-site kitchen and seating arrangement provide an immediately functional setup. For tenants or buyers considering office use alongside food service, the layout includes three office areas in addition to the restaurant. As noted in the remarks, the tenant pays their own heat and air conditioning utilities, which can simplify budgeting for climate control expenses.
Key Highlights
- Storefront with a fully equipped restaurant featuring a kitchen and 30+ seating
- Three additional offices
- Close proximity to Lutheran Hospital and Bush Terminal
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.6k | $45.60 |
| − Vacancy | −$16.2k | −$3.42 |
| EGI | $200.4k | $42.18 |
| − OpEx | −$50.1k | −$10.55 |
| NOI | $150.3k | $31.64 |
4,750 SF · lease $45.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.15M
$1.88M – $2.50M
NOI $150,266 @ 7.0% cap · market cap 8.35%
Second Best
Office B
$2.03M
$1.77M – $2.36M
NOI $141,845 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,551 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
D&W Contractor & Gas ...
General Contractor
Big City Electric ...
General Contractor
Project Eye Consultants
General Contractor
Bari Sandwich Shop
Take-out & Catering
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FAQs
What type of property is this?
Mixed-use property - A 10-year-old mixed-use building featuring a fully equipped restaurant and three offices, with tenant-paid heat and A/C.
Where is this mixed-use property located?
The property is located at 135 58th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Storefront with a fully equipped restaurant featuring a kitchen and 30+ seating; Three additional offices; Close proximity to Lutheran Hospital and Bush Terminal
