NOT LISTED FOR SALE

1047 58th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,569,149 - $1,882,000

Studio
2 Baths
2,700 Sq Ft
$642/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2025

Last sale price $1,650,000 $611 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,830 / mo

Highlights

  • Multiple cooling system units
  • P.S. 105 The Blythebourne Rated A-
  • Back and Front Yard

About This Home

As of June 2025

First Time on the Market! Welcome to this two-family brick house located in one of Brooklyn’s most desirable neighborhoods of Sunset Park! Lot size: 20x100.17, Building size 20x45. Property features two units, a full walk-in basement with a separate entrance, a balcony, and a front and backyard. Completely renovated 2 years ago. 3 electric meters, 2 gas meters, 2 hot water boilers. This home’s location provides an ideal combination of comfort and convenience for all your daily necessities. Minutes away from Fort Hamilton Pkwy and 8th Avenue commercial districts. Close to supermarkets, restaurants, pharmacies, banks, etc. Excellent school district with PS105 right across the property. Very convenient transportation with N train and B16 and B9 buses nearby. Do not miss this opportunity to own this exceptional property in one of Brooklyn’s most sought-after neighborhoods.

Last Agent to Sell the Property

Xiu Qin Zou

Listed on: 12/11/2024

Last Buyer's Agent

Xiu Qin Zou

Listed on: 12/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,685

Year Built

  • Built in 1925

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • 2,700 Sq Ft Home
  • Brick Exterior Construction

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • 2 Full Bathrooms
  • Multiple cooling system units

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,685

Year Built

Built in 1925

Lot Details

2,003 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Walk-in
  • Total Bathrooms: 5.00
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 58th St
  • Cross Street Name2: Fort Hamilton Pkwy
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2700
  • Street Name I D X: 58th
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Other
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 62
  • Roof: Other

Utilities

  • Air Conditioning Units: 2
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 7685.12

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Jun 30, 2025
Sold by
Yim David Chi Wai and Yim Jason
Bought by
Farkas Sarah and Landau Martin
Seller's Agent
Xiu Qin Zou
Buyer's Agent
Xiu Qin Zou
List Price
$1,900,000
Sold Price
$1,650,000
Premium/Discount to List
-$250,000
-13.16%
Views
32
Current Estimated Value
$1,733,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,287
Avg. Annual Appreciation
6.35%
Original Mortgage
$1,237,500
Outstanding Balance
$1,233,277
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$500,010

Purchase Details

Closed on
Jan 19, 2017
Sold by
Yim As Life Tenant Ngau Kwong and Yim Jason
Bought by
Yim David Chi Wai and Yim Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2012
Sold by
Yim Ngau Kwong and Yip Yim Kwai
Bought by
Yim Jason
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farkas Sarah $1,650,000 --
Yim David Chi Wai -- --
Yim David Chi Wai -- --
Yim Jason -- --
Yim Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farkas Sarah $1,237,500
Previous Owner Yim David Chi Wai $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $1,650,000 -7.3% $611 / Sq Ft
01/02/2025 01/02/25 Price Changed $1,780,000 -4.3% $659 / Sq Ft
12/16/2024 12/16/24 Price Changed $1,860,000 -2.1% $689 / Sq Ft
12/11/2024 12/11/24 For Sale $1,900,000 -- $704 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,685 $109,260 $27,840 $81,420
2024 $7,685 $98,580 $27,840 $70,740
2023 $7,335 $101,940 $27,840 $74,100
2022 $6,866 $94,140 $27,840 $66,300
2021 $7,239 $86,700 $27,840 $58,860
2020 $3,533 $69,060 $27,840 $41,220
2019 $6,670 $69,060 $27,840 $41,220
2018 $6,135 $30,097 $12,458 $17,639
2017 $5,843 $28,663 $12,727 $15,936
2016 $5,730 $28,663 $13,543 $15,120
2015 $3,042 $28,141 $14,003 $14,138
2014 $3,042 $26,572 $15,760 $10,812
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2025

    Xiu Qin Zou

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 487985

Brooklyn Board of REALTORS®

APN: 05695-0062

New York Kings County Brooklyn 11219 Borough Park

1047 58th St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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