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for saleRealtyLens property overview
$2,260,000
856 58th St
Brooklyn, NY, 11220
View more Brooklyn, NY property pages11Beds
5Baths
2,916Sqft
$775$/sqft
Listing Notes
Prime investment opportunity! This two-story brick property features a 20*64 building size on a 20*100 lot and is located in an R6 zoning district, offering excellent development and income potential. Situated on busy 8th Avenue, the property benefits from high visibility and strong foot traffic. Conveniently located near public transportation including the N, Q, and W subway lines, as well as B9, B70, and B16 bus routes. Close to public schools, shopping, restaurants, and everyday amenities. Property includes access to a community driveway with 2 parking spaces. Ideal for investors or end-users seeking strong income with significant upside potential.
Market Insights
Above nearby median+7.6%
$775/sqft vs a nearby median of $720/sqft.
Nearby median$720/sqft
Nearby properties8
Property size2,916 sqft
- +7.6% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,916 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.17M$1.97M – $2.36M · 50% confidence
vs ask $2.26M+$92k (+4.1%)
Asking price is about 4.1% above where comps + adjustments land — there is room to negotiate.
$719/sqft median across 6 tight comps × 2,916 sqft= $2.10M
- Transit access+$52k +2.5%
- Pre-war character+$52k +2.5%
- Visible condition issues−$31k −1.5%
Cumulative NYC adjustments+$73k+3.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 19 days
- Last price change
- No change recorded
- Listed
- Apr 23, 2026
- Photos
- 2 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Feb 8, 2023 · $1,570,000
Features & Amenities
Central AirTwo Or More StoriesInvestment OpportunityShopping
Building Facts
- Year built
- 1925
- Stories
- 2
- Total units
- 2
- Residential units
- 2
- Building area
- 2,916 sqft
- Lot size
- 2,003 sqft
- Land use
- One and two family buildings
- Building class
- B1
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,260,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations2 open
3 total recorded
ACRIS documents30
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,227
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,350
- Blocked Driveway2,421
- Noise - Residential2,077
- HEAT/HOT WATER1,694
- Noise - Street/Sidewalk1,477
Recent HPD
- Nov 16, 2016Class I · SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PRO...
- Nov 15, 2016Class C · § 27-2029 ADMIN. CODE: PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE ENTIRE APARTMENT LOCATED AT APT 1FL, 1st STORY, 1st APARTMENT FROM EAST AT SOUTH
- Nov 15, 2016Class B · SECTION 27-2046.1, 2046.2 HMC: PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPLICABLE LAW AND RULES. LOCATED AT APT 1FL, 1...
Recent Transfers (ACRIS)
- Feb 8, 2023DEED$1,570,000
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.