553 58th St APT D, Brooklyn, NY, 11220 | Equity Gain $36,129/yr

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

553 58th St APT D, Brooklyn, NY, 11220 | Equity Gain $36,129/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 2 more

3 Bed
1 Bath
1140 sft

25 Homestead Ave, Avenel, NJ, 07001

2 Bed
2 Bath
- sft

16 Chapel St, Edison, NJ, 08817

2 Bed
2 Bath
1224 sft

142 William St, Perth Amboy, NJ, 08861

3 Bed
2 Bath
1444 sft

223 Henry St, South Amboy, NJ, 08879

Nearby investment properties with comparable prices

Investment Property+ 1 more

- Bed
24 Bath
17344 sft

553 58th St, Brooklyn, NY, 11220

5 Bed
5 Bath
3200 sft

28 Ridge Ave, Staten Island, NY, 10304

42 Bed
21 Bath
16590 sft

341 86th St, Brooklyn, NY, 11209

4 Bed
5 Bath
5877 sft

7921 Narrows Ave, Brooklyn, NY, 11209

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Brooklyn at 553 58th St APT D, Brooklyn, NY, 11220 projects strong ROI of -1.91%. Rental yield 0.8%. With 5% annual appreciation, the property builds $1,546,900 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 1911

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 553 58th St, a distinguished 4-story walk-up apartment building in the heart of Brooklyn's vibrant Sunset Park neighborhood. This well-maintained property has 24 residential units, offering a total of 55 Bedrooms and 24 Bathrooms across 17,369 SF of living space. Residents enjoy spacious living space with vaulted ceilings, modern kitchens, and the convenience of on-site laundry facilities. Annual Owner Operating Income is $533K/year. Situated in the desirable Sunset Park Area, residents have access to a plethora of amenities, including restaurants, retail shops and cultural attractions. Public transportation Options are abundant. Subway: The property is approximately a 5-minute walk from the 59th St station, served by N&R lines. Bus: Several bus routes are accessible nearby, including the B11, B37 and X27. This property represents a compelling investment opportunity in a thriving Brooklyn neighborhood. With its solid income stream, manageable expenses and prime location, 553 58th Street is well-positioned to deliver consistent returns. Contact us today to learn more about this exceptional property!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,465 (100%)
Owner Occupied HU	6,364 (19.6%)
Renter Occupied HU	24,149 (74.4%)
Vacant Housing Units	1,952 ( 6.0%)
Median Home Value	$1,106,071
Average Home Value	$1,109,570