Seller's Agent in 2025
Chao Hui Chen
RE/MAX Edge
3 in this area
54 Total Sales
868 58th St Brooklyn, NY 11220
Sunset Park Neighborhood
6
Beds
3
Baths
2,916
Sq Ft
2,000
Sq Ft Lot
Highlights
- Wood Flooring
- Multiple cooling system units
- Back Yard
- P.S. 105 The Blythebourne Rated A-
- Baseboard Heating
About This Home
As of December 2025This is a prime opportunity for developers and investors to own a gold Zoned R6 (FAR of 4.8), the building is in excellent condition. Both properties—this property and 870 58th Street—can also be sold as a package.
Last Agent to Sell the Property
RE/MAX Edge License #10401312653 Listed on: 08/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,808
Year Built
- Built in 1925
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,916 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Multiple cooling system units
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2025
Closed on
Dec 3, 2025
Sold by
Jeremy Mei As Trustee and Moy
Bought by
Yu Shu Zhu
Seller's Agent
Chao Hui Chen
RE/MAX Edge
Buyer's Agent
Chao Hui Chen
RE/MAX Edge
List Price
$2,500,000
Sold Price
$1,670,000
Premium/Discount to List
-$830,000
-33.2%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7543.69%
Original Mortgage
$950,000
Outstanding Balance
$950,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,124,348
Purchase Details
Closed on
Oct 3, 2022
Sold by
Mei Xian Shi
Bought by
Jeremy Mei As Trustee and Mei Family Irrevocable Trust
Purchase Details
Closed on
Dec 18, 2003
Sold by
Moy Peter Y and Moy Raymond Y
Bought by
Mei Xian Shi and Moy Peter Y
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,670,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $950,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Sold | $1,670,000 | -23.9% | $573 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $2,195,000 | -12.2% | $753 / Sq Ft |
| 08/07/2025 08/07/25 | For Sale | $2,500,000 | -- | $857 / Sq Ft |
| 08/07/2025 08/07/25 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $9,304 | $111,480 | $24,780 | $86,700 |
| 2024 | $9,304 | $90,840 | $24,780 | $66,060 |
| 2023 | $4,562 | $96,120 | $24,780 | $71,340 |
| 2022 | $4,219 | $105,300 | $24,780 | $80,520 |
| 2021 | $9,099 | $107,640 | $24,780 | $82,860 |
| 2020 | $4,259 | $91,860 | $24,780 | $67,080 |
| 2019 | $8,027 | $81,900 | $24,780 | $57,120 |
| 2018 | $7,809 | $39,770 | $8,990 | $30,780 |
| 2017 | $7,369 | $37,621 | $10,195 | $27,426 |
| 2016 | $7,127 | $37,203 | $12,667 | $24,536 |
| 2015 | $4,061 | $35,108 | $13,964 | $21,144 |
| 2014 | $4,061 | $33,142 | $15,381 | $17,761 |
Source: Public Records
Agents Affiliated with this Home
-
Chao Hui Chen
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 494868
APN: 05700-0034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 847 58th St
- 864 59th St
- 873 60th St
- 875 60th St
- 869 57th St Unit 205
- 816 58th St Unit 8B
- 803 58th St
- 915 60th St
- 928 57th St Unit 4R
- 928 57th St Unit 2F
- 928 57th St Unit 4F
- 928 57th St Unit 3R
- 928 57th St Unit 3F
- 928 57th St Unit 2R
- 864 56th St Unit 4C
- 864 56th St Unit 2C
- 864 56th St Unit 4B
- 864 56th St Unit 4A
- 935 57th St Unit 4B
- 867 56th St