135 58th Street, Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
- Added:
- Jan 13, 2025
- Days on Market:
- 517
- Last Refresh:
- Jun 14 at 9:06 pm
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 agent Gus Ktistakis (718) 368-2500
Listing office BHHS Fillmore R.E. 4717 Avenue N, Brooklyn, NY (718) 377-6161
Listing date Jan 13, 2025
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.
HighLights
- Storefront with a fully equipped restaurant featuring a kitchen and 30+ seating
- Three additional offices
- Close proximity to Lutheran Hospital and Bush Terminal
- Tenant‑paid heat and air conditioning
- Relatively new construction, built in 2001
- Brick construction
Overview
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.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.922356
- Latitude
- 40.651955
