The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,888,000
524 58th St
Brooklyn, NY, 11220
View more Brooklyn, NY property pages7Beds
6Baths
3,000Sqft
$629$/sqft
Listing Notes
Welcome to a solid legal 2-family brick property in the heart of Sunset Park, Brooklyn. This well-maintained home features 3 stories plus a full basement and 3.5 bathrooms, with a building size of approximately 20*50 on a 20*100 lot, zoned R6B. The property will be delivered vacant at closing, offering exceptional flexibility. Whether for owner-occupancy with investment potential or purely as an investment, this property is ideal for end-users, investors, or future redevelopment opportunities. Conveniently located near the 8th Avenue and 5th Avenue commercial corridors, providing easy access to shopping, dining, and daily essentials. Minutes to the N/R subway lines, with nearby B9 and B63 bus routes, and quick access to I-278 (BQE) and the Belt Parkway. A short distance to the South Brooklyn NYC Ferry, offering direct service to Manhattan. The neighborhood is well served by nearby elementary, middle, and high schools, as well as daycare centers, private schools, and churches. NYU Langone Hospital and medical clinics are located just moments away.
Market Insights
Below nearby median-19%
$629/sqft vs a nearby median of $775/sqft.
Nearby median$775/sqft
Nearby properties12
Property size3,000 sqft
- -19% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,000 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.50M$2.28M – $2.73M · 50% confidence
vs ask $1.89M−$613k (−32.5%)
Asking price is about 32.5% below the fair value — likely to draw competing offers if it's still on market.
$802/sqft median across 10 tight comps × 3,000 sqft= $2.40M
- Transit access+$60k +2.5%
- Pre-war character+$60k +2.5%
- Days-on-market gravity−$24k −1.0%
Cumulative NYC adjustments+$96k+4.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
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
- 96 days
- Last price change
- No change recorded
- Listed
- Feb 5, 2026
- Photos
- 25 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Two Or More StoriesBasementInvestment OpportunityMedicalcareShopping
Photos
Building Facts
- Year built
- 1899
- Stories
- 2
- Total units
- 2
- Residential units
- 2
- Building area
- 2,820 sqft
- Lot size
- 2,178 sqft
- Land use
- One and two family buildings
- Building class
- B9
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,888,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents4
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,299
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,358
- Blocked Driveway2,422
- Noise - Residential2,079
- HEAT/HOT WATER1,695
- Noise - Street/Sidewalk1,479
Recent Transfers (ACRIS)
- Oct 1, 2009DEED
- Nov 3, 1967DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.