Sunset Park Mixed-Use
For Sale
$1,800,000
Pending
135 58th Street, Brooklyn, NY 11220
Store plus three offices near Lutheran Hospital and Bush Terminal.
Property Size4,750 SF
Days on Market662
Property Features for 135 58th Street
General Information
Standard status
Pending
Size
4,750 SF
Property subtype
Commercial
Building Details
Building Size
4,750 SF
Year Built
2001
Listing Agency:
BHHS Fillmore R.E.
Listed By:
Gus Ktistakis
(718) 377-6161
Source:
Penrealty
Added: Jan 13, 2025
Changed: Nov 3
Last Checked: Nov 4 at 7:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fillmore R.E.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Sunset Park building, approximately 10 years old, features a store and three offices. The property is located near Lutheran Hospital and Bush Terminal. The store is a fully equipped restaurant with a kitchen and seating for over 30 patrons. Tenants are responsible for their own heating and air conditioning utilities. The location has a bike score of 73, indicating it is very bikeable, a walk score of 74, indicating it is very walkable, and a transit score of 79, indicating excellent transit options.
Key Highlights
- Fully equipped restaurant with kitchen and 30+ seating capacity.
- Store plus 3 offices provide diverse income streams.
- Excellent Transit Score (79).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,266
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,005,320
$3.0M
Cap Rate 7%
$2,146,657
$2.1M
Cap Rate 9%
$1,669,622
$1.7M
Market Conditions
NOI Build-Up for 4,750 SF
Gross rent
$216.6K $45.60/SF
− Vacancy
−$16.2K −$3.42/SF
EGI
$200.4K $42.18/SF
− OpEx
−$50.1K −$10.55/SF
NOI
$150.3K $31.64/SF
Area
ZIP 11220
Vacancy
7.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,005,320
Cap Rate 7%
$2,146,657
Cap Rate 9%
$1,669,622
Alternative Uses
Best Use
Specialty Retail
$2.15M
$1.88M – $2.50M
NOI $150,266 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,480
Businesses Nearby
227k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 44%
Groceries 7%
Electronics 4%
McDonald's
Dining
29,356 visits/mo
0.1 miles
Wendy's
Dining
24,532 visits/mo
0.4 miles
BP
Shops & Services
24,242 visits/mo
0.1 miles
McDonald's
Dining
21,090 visits/mo
0.5 miles
Capital One Bank
Shops & Services
19,243 visits/mo
0.4 miles
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Catering By Michael Schick — 9024 Foster Ave, Brooklyn, NY 11236
- Lucy's — 1033 E 92nd St, Brooklyn, NY 11236
- Turk Caterers - Glatt kosher catering - — 790 E 91st St, Brooklyn, NY 11236
- DEE THE ON SITE CATERER LLC — 980 Schenectady Ave #11203-4212, Brooklyn, NY 11203
- Pinkflavors — 293 E 45th St, Brooklyn, NY 11203
Frequently Asked Questions
What type of property is this?
Restaurant - Store plus three offices near Lutheran Hospital and Bush Terminal.
Where is this restaurant 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: Fully equipped restaurant with kitchen and **30+ seating capacity**.; Store plus 3 offices provide diverse income streams.; Excellent Transit Score (79).
