For Sale
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Property summary
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
VerifiedCap rate & NOI
Current use
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General Contractor
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General Contractor
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General Contractor
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Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Brooklyn market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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