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558 Midwood St, Brooklyn, NY, 11203

7beds
4baths
3,040sqft
$1,999,999
$658price/sqft
$12,241/moest. monthly cost
$489,640/yrincome needed

About This Home

Exceptional Multi-Family Opportunity in the Heart of Crown Heights Discover the perfect blend of space, location, and investment potential with this well-positioned 4-family home in one of Brooklyn's most sought-after neighborhoods. Property Highlights: 4-Family Residential Building 7 Total Bedrooms Full Basement – Ideal for storage, recreation, or additional possibilities; with a full bath Shared Driveway Generous living space across multiple units Excellent opportunity for investors or owner-occupants seeking rental income Prime Crown Heights Location Situated in the vibrant heart of Crown Heights, Brooklyn, this property offers convenient access to public transportation, shopping, restaurants, parks, schools, and all the amenities that make this neighborhood a desirable place to live and invest. Whether you're looking to expand your real estate portfolio or own a multi-family property in a thriving Brooklyn community, this home presents outstanding value and long-term potential. Schedule your private showing today and explore everything this exceptional Crown Heights property has to offer. property is being sold as is.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

8/10
5/10
--
School For Human RightsGrades 9-120.1 mi

Construction

Condition

  • Year built: 1931

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • First Floor Bedroom,First Floor Full Bath,High Ceilings

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,040
  • Total interior livable area: 3,040 sqft

Property

Details

  • Parcel number: 048040014
  • Attached to another structure: Yes
  • Special condition: None

Parking

  • Parking features: Shared Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,113$121,356
Home Insurance *$693$8,316
Property Taxes $933$11,196
Electricity $502$6,028
Total$12,241$146,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$419,691/yr
40% on housing$367,230/yr
45% on housing$326,426/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$658This listing

vs Other Active Listings

Avg $/sqft

ZIP 11203$493
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11203$481
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Listed for sale$1,999,999
1997-12-05Sold$242,500

For Sale by Agent

AgentLoletta P. Griffith
BrokerageFave Realty Inc

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