$6,800,000

Estimated payment $36,684/month

Total Views 810
-- Bed
-- Bath
7,200 Sq Ft
$944 Price per Sq Ft

Highlights

  • 5,500 Sq Ft lot
  • 2-minute walk to 59 Street (N,R Line)
  • Hot Water Heating System
  • IS 220 John J. Pershing Rated A-
  • Wood Flooring
  • Private Driveway

About This Home

Prime investment opportunity featuring two mixed-use buildings plus an additional lot. The property sits on a generous 55.5 × 100 lot size and is located within C7A / C2-4 zoning, offering excellent development and commercial potential. High-visibility location with strong exposure, making it ideal for investors or developers seeking income and future growth.

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 03/13/2026

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,585

Year Built

  • Built in 1920

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 100 x 55
  • Back Yard
  • Property is zoned R7A,C2-4

Parking

  • Private Driveway

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 7,200 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 839

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $6,000
  • Utility Expense $1,200
  • Gross Income $278,400

Property Details

Property Type

Other

Est. Annual Taxes

$7,585

Year Built

Built in 1920

Lot Details

5,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Other
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 40.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 56th St
  • Cross Street Name2: 57th St
  • Heat Delivery: Hot Water
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 7200
  • Building Stories: 3
  • Street Name I D X: 4th
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 5500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 4
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 55
  • Zoning: R7A,C2-4

Multi Family

  • Annual Gross Expense: 25000.00
  • Annual Gross Income: 278400
  • Insurance Expense: 6000.00
  • Unit Count: 6
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 7585.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,772 $151,380 $18,180 $133,200
2024 $7,772 $119,580 $18,180 $101,400
2023 $7,429 $115,080 $18,180 $96,900
2022 $6,895 $116,280 $18,180 $98,100
2021 $6,822 $112,860 $18,180 $94,680
2019 $6,746 $88,860 $18,180 $70,680
2018 $6,214 $30,484 $7,485 $22,999
2017 $5,867 $28,782 $7,577 $21,205
2016 $5,431 $27,169 $8,584 $18,585
2015 $3,275 $26,872 $10,190 $16,682
2014 $3,275 $26,872 $12,225 $14,647
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 For Sale $6,800,000 -- $944 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 499619

Brooklyn Board of REALTORS®

APN: 00839-0004

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