864 59th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $26,124/month
Highlights
- Wood Flooring
- 4-minute walk to 8 Avenue
- Hot Water Heating System
- P.S. 105 The Blythebourne Rated A-
About This Home
Prime Location in Sunset Park, Busy high traffic area newly rebuilt renovated from ground up 5 family with storefront & basement. storefront/Office/ Storage Totally rebuilt in 2009-2010 new construction- Huge five residential apartments, first floor 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Residential size 20x58 with high ceiling! New kitchen bathroom.Month to month occupancy! Also Newly renovated Storefront 1940 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! lot size 20 x 100. R6 S2 zoning. Storefront newly renovated-tenant lease - paying $ 6300/month. Return Cap rate 6% with many upsides potential Approximately $241000yr income! Great location Near 8th Ave restaurant, super market, park, school much more!
Property Details
Property Type
- Other
Est. Annual Taxes
- $26,270
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 4,986 Sq Ft Home
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
Listing and Financial Details
- Tax Block 5707
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $6,000
- Gross Income $289,200
- Net Operating Income $248,930
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $26,257 | $820,800 | $54,000 | $766,800 |
| 2025 | $26,261 | $755,550 | $54,000 | $701,550 |
| 2024 | $26,261 | $629,550 | $54,000 | $575,550 |
| 2023 | $25,027 | $667,350 | $54,000 | $613,350 |
| 2022 | $11,626 | $834,300 | $54,000 | $780,300 |
| 2021 | $21,726 | $667,350 | $54,000 | $613,350 |
| 2020 | $9,958 | $603,900 | $54,000 | $549,900 |
| 2019 | $13,873 | $603,900 | $54,000 | $549,900 |
| 2018 | $20,413 | $390,885 | $38,073 | $352,812 |
| 2017 | $19,046 | $361,931 | $39,128 | $322,803 |
| 2016 | $18,022 | $335,122 | $45,084 | $290,038 |
| 2015 | $3,343 | $310,299 | $29,949 | $280,350 |
| 2014 | $3,343 | $27,731 | $27,731 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/07/2025 09/07/25 | For Sale | $4,510,000 | -- | $905 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $830,000 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $498,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 495538
APN: 05707-0033
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