1340 E 58TH Street, Brooklyn, NY, 11234 | $899,000

Take advantage of this rare opportunity to own a move-in-ready, vacant brick semi-detached corner two-family home in the highly sought-after Old Mill Basin neighborhood before it’s gone. This well-maintained property features a detached garage, private driveway, new roof, freshly pointed brickwork, and new rear exterior gutters, offering both comfort and convenience. Ideal for investors or owner-occupants looking to generate rental income, the first-floor unit includes a welcoming foyer, spacious living room with hardwood floors, a full bathroom with a glass-enclosed stall shower, a large light-filled eat-in kitchen with Silestone countertops, and a comfortable one-bedroom with generous closet space. The second-floor apartment offers a bright living room, an eat-in kitchen, a full bathroom with a glass stall shower, and two generous bedrooms with excellent closet space, including one with direct roof access. The updated lower level features an open-concept layout with modern vinyl flooring, recessed lighting, abundant storage, and a stylish wet bar with quartz countertops and a wine fridge, along with a full bathroom, utility/boiler room, and direct access to the cozy backyard—perfect for entertaining. Conveniently located near public transportation, Georgetown Shopping Center, Kings Plaza, Utica Avenue and Avenue N shopping, restaurants, cafés, local parks, and more, this exceptional property offers unmatched potential and value. Don’t miss out—this opportunity won’t last!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Style: Other
  • Year Built: 1960
  • Garage: 2-car
  • Heating: Steam
  • Cooling: None
  • Basement: Finished, Full
  • Approx Sq. Feet: 1,680
  • Est. Taxes: $6,637
  • Elem. School: Ps 203 Floyd Bennett School
  • Middle School: Jhs 78 Roy H Mann
  • High School: James Madison High School
  • School District: Community District 22
  • Appliances: Gas Oven, Refrigerator
  • MLS#: 942285
  • Days on Market: 76 days
  • Website: https://www.raveis.com
    /prop/942285/1340e58thstreet_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Bergen Basin Realty LLC   Phone: 718-763-4110

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1340 E 58TH Street, Brooklyn, NY, 11234

$899,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 4.875% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.925% 5.858% 5.681%
Monthly Tax Payment $553 $553 $553
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,806 $4,197 $5,876
Total Monthly Payment $4,451 $4,842 $6,521

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.