742 E 58th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $5,334/month
About This Home
First Access is This Sunday August 10th at 3PM! Welcome to 742 E 58th Street-a spacious and versatile 2-family brick home in the heart of East Flatbush. With a generous building size of 22" x 54" and over 2,376 square feet of interior space, this home is configured like a 3-family and offers exceptional potential for both end users and investors.
The layout features a 3-bedroom, 2-bath unit on the top floor over a 2-bedroom, 2-bath unit on the first floor, plus a fully finished walk-in level with a separate entrance from the garage. This lower level offers a large open living space, a wet bar easily convertible to a full kitchen, a large pantry, an unfinished bathroom, and additional utility and storage rooms. With direct access to the garage, driveway, and backyard, it's an ideal candidate for use as a private owner's unit or additional rental income. Interior stairs connect all levels, making it perfect for multi-generational living or large households.
The top-floor apartment includes a front-facing bedroom with balcony access, a spacious living room, a large eat-in kitchen, and two full bathrooms. Two additional bedrooms are located at the rear of the apartment, one of which includes a full en-suite bath and walk-in closet. The first-floor unit offers a bright living room, an oversized eat-in kitchen, and two bedrooms with ample closet space. The primary bedroom includes a private full bathroom.
The walk-in level provides flexibility for use as a third unit or an owner's suite. It features a generous living area, large wet bar, pantry, a partial bath that can be expanded to a full bathroom, and easy access to the front yard, garage, and private driveway. The front yard provides a pleasant outdoor area for relaxing or entertaining.
Located in a desirable East Flatbush location near Ralph Avenue shopping, popular cafes like Starbucks, restaurants, Canarsie Plaza, and Gateway Mall, this home also offers convenient access to public transportation, including the 2 and 5 subway lines at Flatbush Avenue-Brooklyn College and several bus routes such as the B6, B103, and B47.
Whether you're seeking a strong investment property or a home with room to grow, this East Flatbush gem delivers exceptional space, income potential, and location. Don't miss out on this unique opportunity. Schedule your private tour today.
Listing Agent
AMERALIS GROUP REAL ESTATE INC License #10311210186 Listed on: 07/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,740
Year Built
- Built in 1960
Lot Details
- 2,200 Sq Ft Lot
- Lot Dimensions are 100.00x22.00
Parking
- 2 Car Garage
- Assigned Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,376 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Utilities
- Cooling Available
Community Details
- 2 Units
- East Flatbush Subdivision
Listing and Financial Details
- Legal Lot and Block 0076 / 07975
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,303 | $47,700 | $11,220 | $36,480 |
| 2024 | $7,303 | $50,940 | $11,220 | $39,720 |
| 2023 | $7,384 | $55,320 | $11,220 | $44,100 |
| 2022 | $7,204 | $46,560 | $11,220 | $35,340 |
| 2021 | $7,165 | $35,940 | $11,220 | $24,720 |
| 2020 | $3,360 | $38,100 | $11,220 | $26,880 |
| 2019 | $6,338 | $30,300 | $11,220 | $19,080 |
| 2018 | $7,192 | $35,280 | $9,759 | $25,521 |
| 2017 | $7,104 | $34,848 | $10,377 | $24,471 |
| 2016 | $6,794 | $33,984 | $11,033 | $22,951 |
| 2015 | $3,745 | $33,033 | $10,626 | $22,407 |
| 2014 | $3,745 | $31,164 | $10,025 | $21,139 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | For Sale | $895,000 | -- | $377 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20040183
APN: 07975-0076