Property profile

135 58Th St Brooklyn, NY 11220

FOR SALE
Warehouses
Property ID
US63-1995998
4,750 SF
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Property summary

AI-generated overview

This exceptional three-story commercial building, located at 135 58th Street in Brooklyn, NY 11220, presents a unique investment opportunity. Spanning 4,750 square feet on a 2,500 square foot lot, this property boasts a net rentable area of 5,025 square feet and is zoned M3-1. The building, approximately ten years old, features four units, including a ground floor space previously used as a deli (2,325 sq ft) and three upper-floor offices (1,200 sq ft, 750 sq ft, and 750 sq ft respectively). The varied ceiling heights add to the versatility of the space. The building is currently vacant, making it ideal for an owner-user or investor seeking to customize the space to their specific needs. Its prime Sunset Park location offers excellent visibility and accessibility, situated just twelve blocks from Lutheran Hospital and Bush Terminal, with convenient access to the BQE and Belt Parkway. The asking price is $1,980,000. Tenants are responsible for their own heating and air conditioning utilities. This property is a rare find in a highly desirable area, offering significant potential for future growth and return on investment. The building's previous use included a fully equipped restaurant with a kitchen and seating for over 30 patrons.

Property profile

Verified
Property type Warehouses
Total area 4,750 SF
UPID US63-1995998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • General Contractor
  • General Contractor
  • Take-out & Catering

Location

135 58Th St Brooklyn, NY 11220
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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