361 E 59th St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated payment $8,129/month
Highlights
- Tile Flooring
- Heating System Uses Steam
- 4-minute walk to Harry Maze Playground
- Multiple cooling system units
- Back Yard
About This Home
Introducing a beautiful 6-family Solid Brick in a prime neighborhood, Sunset Park. This Building size of 21x60 sitting on a 21x100 lot. Taxes are $10,283/year. The building consists of 6 One-Bedroom apartment (all in move in condition) with access to a full basement. The building currently provides a gross annual rental income of $110,749, and it also determines that current tenants are at or about paying fair market rents. The building is conveniently located minutes away from all shopping and transportation on 4th Ave and 5th Ave, near N and R train Subway station. Please have the pre-approval or proof of funds ready with all offers. 24-hour notice that way all showings can be accommodated.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,283
Year Built
- Built in 1906
Lot Details
- 2,051 Sq Ft Lot
- Lot Dimensions are 100 x 21
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 6 Full Bathrooms
- 3,201 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Laminate
- Tile
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 854
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $4,567
- Insurance Expense $3,500
- Utility Expense $846
- Gross Income $110,748
- Net Operating Income $93,000
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 | $6,557 | $39,300 | $11,760 | $27,540 |
| 2024 | $6,557 | $46,200 | $11,760 | $34,440 |
| 2023 | $6,565 | $48,900 | $11,760 | $37,140 |
| 2022 | $6,088 | $42,780 | $11,760 | $31,020 |
| 2021 | $6,055 | $38,400 | $11,760 | $26,640 |
| 2020 | $6,055 | $32,100 | $11,760 | $20,340 |
| 2019 | $5,691 | $28,320 | $11,760 | $16,560 |
| 2018 | $5,491 | $26,937 | $10,517 | $16,420 |
| 2017 | $5,180 | $25,413 | $11,530 | $13,883 |
| 2016 | $4,793 | $23,976 | $11,242 | $12,734 |
| 2015 | $2,892 | $23,976 | $11,387 | $12,589 |
| 2014 | $2,892 | $22,670 | $11,683 | $10,987 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $1,388,000 | -- | $434 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 493898
APN: 07907-0008
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