Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

· Closed August 2, 2023

518 58th Street
Closed For Sale Multi Family

$1,600,000

$572 per sq ft

518 58th Street

Sunset Park, Brooklyn

MLS® #RLS10877305

RLS at REBNY

Listing by Compass

5

Bedrooms

4

Baths

2,796

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 2,796 sq ft
Year Built 1899
Neighborhood Sunset Park

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Total Rooms 14
Baths 4 Full
Pets Yes
Cross Street 5th Avenue/6th Avenue
Year Built 1899
Living Area 2,796 sq ft
Architectural Style Prewar
Parcel # 00856-0012
Block/Lot 856/12

Listing History

Event Date Price Change
Listed Oct 12, 2022 $1,600,000 -
Price Reduced Aug 4, 2023 $1,648,000 +3.0%

Description

Contract fell through, back on the market! Charming brick townhouse with original details throughout on a lovely tree lined block in Sunset Park. This three family home has three floor-through apartments each with its own original details including restored woodwork, pocket doors, parquet & oak hardwood flooring, and decorative fireplaces with oak mantles. All three apartments are similar with spacious Living rooms with decorative fireplaces and Dining rooms with closets. The 1st floor has two bedrooms in the rear, kitchen off the Dining room and a door to the backyard which is perfect for entertaining. The 2nd & 3rd floor both have a bedroom in the rear with the 3rd floor having an additional bedroom in the front off of the Living room. There is also a spacious basement with Recreation room, Laundry area, Utility room and several storage closets. Building has been well maintained with updated electric, gas and plumbing. Great location with nearby shopping/restaurants on 5th avenue and one block to 59th Street station - N train (express to Manhattan) & R train (local).

Building Information

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, 7:32 AM EST

Similar Listings in Sunset Park

View All

Location

Loading map...

518 58th Street, Sunset Park, Kings County • Near 5th Avenue/6th Avenue

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4
Floor Plan 5

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $98,340
Land Value: $31,620
Exemptions: $0

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

Lot Area: 2,003 SF
Building Area: 2,796 SF
Built FAR: 1.4
Allowed FAR: 2

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

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 2,796 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

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

At the current list price of $1,600,000 for 2,796 sq ft, the asking price per square foot is approximately $572. 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: RLS10877305
First Listed: 10/12/2022
Price Changed: 8/4/2023
Closed: 8/2/2023
Contract Date: 10/13/2022

Listing Courtesy of Compass - Kurt Vikki

Listing Contact: (718) 213-4478

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 11:32 AM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton