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Oversized 3-Family Brick Building

258 60th Street Brooklyn, NY 11220

Claim this Listing
For Sale
$1,650,000

MULTI_FAMILY - Brooklyn, NY

Property size:
3,885 SF
Lot size:
0.05 Acres
Price / SF:
$424/SF
Added:
Apr 22, 2025
Days on Market:
447
Last Refresh:
Jul 12 at 3:06 am

Property Features for 258 60th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bedrooms
9
Bathrooms
4
Rooms
Bedroom 1, Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 9, Bathroom 1, Bathroom 2, Bedroom 5
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
3,885 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
8235

Building Details

Year built
1909
Floors in Building
3
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat

Listing agent Jason Zhou License #10301217017

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Apr 22, 2025

MLS# 491064 Listing URL

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 oversized 3-family brick building is located in the Sunset Park neighborhood of Brooklyn. The property is in great condition and features 3 spacious apartments, each with 3 bedrooms, a formal living and dining area, and an eat-in kitchen. In total, there are 9 bedrooms and 4 full bathrooms. Additional features include hardwood floors, baseboard heating, updated electrical systems, and windows in every room. The building also has a fully finished basement with a separate entrance. The building size is 20x78 feet, providing approximately 3,885 square feet of living space, and sits on a 20x112 feet lot (0.0514 acres). There are 4 gas and electric meters. The property has an R6B zoning.

Key Highlights

  • Oversized 3‑family brick building built in 1909 with full finished basement and separate entrance
  • Approx. 3,885 SF interior in a 20x78 building on a 20x112 lot
  • 9 bedrooms total and 4 full bathrooms across 3 apartments (each with 3 bedrooms)

Local Financial Insights For Multifamily LT 5

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 $172.5k $44.40
− Vacancy −$7.2k −$1.86
EGI $165.2k $42.54
− OpEx −$49.6k −$12.76
NOI $115.7k $29.77
3,885 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.65M
$1.45M – $1.93M (±1% cap)
NOI $115,674 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,600 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M (±1% cap)
NOI $176,298 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Redecorating Construction Company Redecoration & Plastering General Contractor

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Nursing Home Bed & Breakfast Hotel & Motel Veterinary Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Meticulously maintained 3-family building in Sunset Park, Brooklyn.
Where is this triplex located?
The property is located at 258 60th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Oversized 3‑family brick building built in 1909 with full finished basement and separate entrance; Approx. 3,885 SF interior in a 20x78 building on a 20x112 lot; 9 bedrooms total and 4 full bathrooms across 3 apartments (each with 3 bedrooms)
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