Brick Triplex with Finished
For Sale
$1,650,000
258 60th Street, Brooklyn, NY 11220
Residential, Brooklyn, NY
Property Size3,885 SF
Lot Size0.05 Acres
Price / SF$424.71
Days on Market538
Property Features for 258 60th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 9, Bedroom 4, Bedroom 8, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 5
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Finished, Full
Subdivision
Sunset Park
Standard status
Active
Size
3,885 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8235
Amenities
hardwood floors
baseboard heating
updated electrical
finished basement
Building Details
Year built
1909
Floors in Building
3
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Jason Zhou · License #JZ1320
(347) 988-5318
Added: Apr 22, 2025
Changed: Oct 10
Last Checked: Oct 11 at 12:06PM
MLS# 491064
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 3,885-square-foot brick triplex contains three apartments, each with three bedrooms, a formal living and dining area, and an eat-in kitchen. The building provides 9 bedrooms and 4 full bathrooms overall, with hardwood and tile flooring, window A/C units, baseboard heating, updated electrical systems, and windows in every room. A fully finished basement with a separate entrance expands the usable space. The property was built in 1909 and occupies a 20x112-foot lot, with the building measuring 20x78 feet. Four gas and electric meters serve the property, which is zoned R6B. Located in Brooklyn’s Sunset Park neighborhood, the building is near 60th Street and includes refrigerators and stoves in the apartments.
Key Highlights
- Three apartments with 3 bedrooms each
- 3,885 square feet of living space
- 9 bedrooms and 4 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,674
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,313,480
$2.3M
Cap Rate 7%
$1,652,486
$1.7M
Cap Rate 9%
$1,285,267
$1.3M
Market Conditions
NOI Build-Up for 3,885 SF
Gross rent
$172.5K $44.40/SF
− Vacancy
−$7.2K −$1.86/SF
EGI
$165.2K $42.54/SF
− OpEx
−$49.6K −$12.76/SF
NOI
$115.7K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,313,480
Cap Rate 7%
$1,652,486
Cap Rate 9%
$1,285,267
Alternative Uses
Best Use
Multifamily LT 5
$1.65M
$1.45M – $1.93M
NOI $115,674 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$1.48M
$1.30M – $1.73M
NOI $103,600 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M
NOI $176,298 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,818
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three apartments feature spacious layouts, eat-in kitchens, hardwood flooring, and separate access to the finished basement.
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: Three apartments with 3 bedrooms each; 3,885 square feet of living space; 9 bedrooms and 4 full bathrooms
