Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $9,800,000

· Closed August 14, 2024

816 58TH Street #NA

$9,800,000

$361 per sq ft

816 58TH Street #NA

Sunset Park, Brooklyn

MLS® #RLS10977278

RLS at REBNY

Listing by Brown Harris Stevens Brooklyn LLC

18

Bedrooms

10

Baths

27,177

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 18
Bathrooms 10
Living Area 27,177 sq ft
Lot Size 6,000 sq ft
Year Built N/A
Ownership None
Property Taxes $88,800/yr
Neighborhood Sunset Park
Floor 1 of 1

Property Highlights

  • Views: Other
  • Climate Control: Other

Property Details

Type Single Family Residence
Ownership None
Total Rooms 49
Baths 10 Full
Floor 1 of 1
View Other
Cooling Other
Pets Yes
Living Area 27,177 sq ft
Structure Type Townhouse
Basement Other
Lot Size 6,000 sq ft
Parcel # 05700-0012
Block/Lot 05700/0012

Listing History

Event Date Price Change
Listed Mar 26, 2023 $11,000,000 -
Currently May 1, 2026 $9,800,000 -10.9%

Description

Introducing an incredible mixed-use property located in the vibrant and rapidly growing neighborhood of Sunset Park, Brooklyn. Currently under construction, this building features nine spacious residential units and two commercial spaces. The building is 90% completed, providing the perfect opportunity for buyers to purchase and finish construction. R6 General Residential District with C1-3 commercial overlay. The residential units are designed to provide modern and comfortable living spaces, with open layouts, large windows, outdoor space and top-of-the-line finishes. The commercial spaces are perfect for a variety of businesses, from retail to offices, and offer high visibility and foot traffic. Upon completion, the the property will be a 28,901 gross square feet, 8-story, plus cellar level, elevatored, mixed-use building totaling 9 market rate apartments and 16,568 square feet of commercial space. The cellar and ground floors will be occupied by approximately 10,637 square feet of retail space, while the 2nd and 3rd floors will be occupied by community use facility space which will take approximately 5,931 square feet of space. Located in the heart of Sunset Park, this property is surrounded by an abundance of amenities, including trendy cafes, restaurants, boutique shops. With easy access to public transportation, including the D, N, and R subway lines, this property is in the ideal location. Contact me today to learn more and schedule a viewing.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $88,800/yr ($7,400/mo)
Original Price $11,000,000
Sale Price $9,800,000
Previous Price $11,000,000

Sunset Park features four landmarked historic districts of Italianate, Neo-Grec, and Romanesque Revival brick and brownstone rowhouses climbing the hillside between Fourth and Eighth Avenues in western Brooklyn. The namesake hilltop park offers panoramic Manhattan skyline views and a 1936 neoclassical public pool, while the commercial corridors along Fifth Avenue and Eighth Avenue anchor the neighborhood. The D train at Ninth Avenue, N/R at 36th-45th-53rd Streets provide multiple subway connections to Manhattan.

Sunset Park Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$1.11M

Median $/Sqft

$633

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$730K

Live data from RLS at REBNY • Updated 5/1/26, 5:46 AM EST

Location

Loading map...

816 58TH Street #NA, Sunset Park, Kings County

Building Information

Official NYC property records for this building

2021
Year Built
5 years old
8
Floors
10
Residential Units
R6
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,946,248
Land Value: $202,500
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,010 SF
Building Area: 24,629 SF
Built FAR: 4.1
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $88,800, or roughly $7,400 per month. Verify the current assessment with your attorney before closing.

This property has 18 bedrooms and 10 full bathrooms.

The listed interior living area is 27,177 square feet. Verify dimensions independently during due diligence.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $9,800,000 for 27,177 sq ft, the asking price per square foot is approximately $361. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10977278
First Listed: 3/25/2023
On Market: 3/26/2023
Price Changed: 8/14/2024
Closed: 8/14/2024
Contract Date: 3/26/2023

Listing Courtesy of Brown Harris Stevens Brooklyn LLC - Peter Grazioli

Listing Contact: (718) 613-2015

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 9:46 AM UTC

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