Restaurant and Office Mixed-Use
For Sale
$1,800,000
135 58th Street, Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
Property Size4,750 SF
Lot Size0.06 Acres
Price / SF$378.95
Days on Market566
Property Features for 135 58th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M3-1
Subdivision
Sunset Park
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
Changed: Jun 13
Last Checked: Aug 2 at 8:06PM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
4,017
Businesses Nearby
Explore this area
Business Placement
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
Market
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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
