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742 East 58th StreetBrooklyn, NY 11234

For Sale

$895,000

Smart Buyer Rebate $9,875

  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.  

Listed by John Ameralis

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License #10311210186

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AMERALIS GROUP REAL ESTATE INC

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(917) 565-1323

Last updated August 24, 2025

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Source: REBNY #RLS20040183

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlatlands
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu41
  • Taxes$7,740/year
  • Size2,376 sqft
  • Price per sqft$377

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

07/31/2025
Listed by AMERALIS GROUP REAL ESTATE INC
$895,000

Estimated Closing Costs

Total
$27,311
Attorney Fees
$4,000
Title Insurance
$4,028
Bank Attorney
$1,500
Mortgage Recording Tax
$13,783
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $895,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 742 East 58th Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Excellent
  • Stories Total: 2
  • Structure Type: Townhouse
  • Year Built: 1960
  • Entry Level: 1

Measurements

  • Building Area Total: 2,376
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,200
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $7,740.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area: 2,376
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Rooms Total: 9

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: East Flatbush
  • Tax Block: 07975
  • Tax Lot: 0076

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, Garage

Utilities

Equipment

  • Has Cooling: Yes
  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.