H
Seller's Agent in 2025
Hang Chen
RE/MAX
(646) 239-5999
26 in this area
206 Total Sales
811 59th St Brooklyn, NY 11220
Sunset Park Neighborhood
7
Beds
3
Baths
2,400
Sq Ft
2,655
Sq Ft Lot
Highlights
- 2,655 Sq Ft lot
- 3-minute walk to 8 Avenue
- Private Driveway
- P.S. 105 The Blythebourne Rated A-
- Multiple cooling system units
About This Home
As of December 2025Investor/Builder Opportunity! Presenting a semi-detached two-family property with a private driveway. Situated on a 27' x 100' lot with a 20' x 63' building footprint, this property is located in a C1-3 commercial zoning district, offering exceptional potential for investors and developers. Positioned in the highly sought-after Chinatown, Sunset Park area, this is a prime opportunity for redevelopment or investment in a thriving neighborhood.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,737
Year Built
- Built in 1925
Lot Details
- 2,655 Sq Ft Lot
- Lot Dimensions are 100 x 27
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Private Driveway
Utilities
- Multiple cooling system units
Listing and Financial Details
- Tax Block 5700
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $4,500
- Insurance Expense $5,000
- Utility Expense $3,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 1998
Sold by
Huynh Tin Minh
Bought by
Huynh Tin Minh and Huynh Kiet Minh
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $163,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | Sold | $2,500,000 | -21.9% | $1,042 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $3,200,000 | -8.6% | $1,333 / Sq Ft |
| 08/08/2025 08/08/25 | Price Changed | $3,500,000 | -12.5% | $1,458 / Sq Ft |
| 08/02/2025 08/02/25 | Price Changed | $3,999,000 | -11.1% | $1,666 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $4,500,000 | -9.8% | $1,875 / Sq Ft |
| 05/17/2025 05/17/25 | Price Changed | $4,990,000 | -2.2% | $2,079 / Sq Ft |
| 03/29/2025 03/29/25 | For Sale | $5,100,000 | -- | $2,125 / Sq Ft |
| 03/29/2025 03/29/25 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $10,725 | $108,180 | $27,300 | $80,880 |
| 2024 | $10,725 | $102,180 | $27,300 | $74,880 |
| 2023 | $10,214 | $101,040 | $27,300 | $73,740 |
| 2022 | $9,449 | $96,060 | $27,300 | $68,760 |
| 2021 | $9,967 | $96,420 | $27,300 | $69,120 |
| 2019 | $9,259 | $96,360 | $27,300 | $69,060 |
| 2018 | $8,484 | $43,079 | $9,747 | $33,332 |
| 2017 | $7,985 | $40,641 | $11,984 | $28,657 |
| 2016 | $7,815 | $40,641 | $13,893 | $26,748 |
| 2015 | $4,404 | $40,335 | $13,650 | $26,685 |
| 2014 | $4,404 | $38,053 | $13,639 | $24,414 |
Source: Public Records
Agents Affiliated with this Home
-
Hang Chen
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 490428
APN: 05700-0074
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