$995,000
$105K PRICE DROP

Estimated payment $5,906/month

Total Views 366
7 Beds
4 Baths
2,700 Sq Ft
$369 Price per Sq Ft

About This Home

613 E 59th Street is a fully vacant two-family property , offering a rare turnkey opportunity for investors or end users seeking flexibility and strong upside in Brooklyn. The property features a spacious 4-bedroom unit and a separate 2-bedroom unit plus fully finished basement with separate entrance allowing for multiple income strategies including market-rate rentals , house hacking , or future repositioning . With both units delivered vacant, buyers can immediately renovate, lease, or occupy without tenant restrictions. The layout and unit mix support solid rental demand, while the vacant delivery allows for maximum rental potential and value-add opportunities . Conveniently located near transportation, shopping, and neighborhood amenities, this property is well-positioned for long-term appreciation.

Listing Agent

Joseph Alvarez

Nest Seekers LLC License #10401325917 Listed on: 02/08/2026

Nest Seekers LLC

Co-Listing Agent

Daniel Dorcena

Nest Seekers LLC License #10401347559

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,359

Year Built

  • Built in 1960

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • East Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 0082 / 7955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,359

Year Built

Built in 1960

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Cross Street: Foster Avenue/Farragut Road
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Architectural Style: Walk-Up
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2700.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 20.00 x 100.00

Building Info

  • New Construction: No
  • Total Stories: 3
  • Year Built: 1960

Tax Info

  • Tax Block: 7955
  • Tax Lot: 0082
  • Tax Annual: 9359.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $8,937 $64,740 $10,080 $54,660
2024 $8,937 $65,160 $10,080 $55,080
2023 $8,969 $62,760 $10,080 $52,680
2022 $8,317 $54,420 $10,080 $44,340
2021 $8,272 $42,000 $10,080 $31,920
2019 $7,757 $42,180 $10,080 $32,100
2018 $7,502 $36,802 $9,052 $27,750
2017 $7,077 $34,719 $9,377 $25,342
2016 $6,548 $32,754 $8,666 $24,088
2015 $3,895 $30,900 $10,980 $19,920
2014 $3,895 $30,900 $10,980 $19,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 Price Changed $995,000 -9.5% $369 / Sq Ft
02/14/2026 02/14/26 For Sale $1,100,000 0.0% $407 / Sq Ft
02/10/2026 02/10/26 Off Market $1,100,000 -- --
02/08/2026 02/08/26 For Sale $1,100,000 -- $407 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Deed $265,000 Commonwealth Land Title Ins
Deed $265,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $238,500 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20071050

Real Estate Board of New York (REBNY)

APN: 07955-0082

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