$10,000 Closing Credit¹
#492734, Listing office: Ben Bay Realty Co
$2,499,999 List price
1230 59th St Brooklyn, NY 11219
$10,000
Closing credit¹
8 beds
3 full
0.05 acres
Multi-Family
Property details
About 1230 59th St
Prime Investment Opportunity in Borough Park – 1230 59th Street, Brooklyn Situated in the heart of Brooklyn's thriving Borough Park neighborhood, this multi-family property at 1230 59th Street is a standout opportunity for savvy investors. With 3 income-generating units and the added advantage of being delivered vacant, this property offers maximum flexibility for customization and rental potential. Property Highlights: Delivered Vacant: A rare opportunity to set your own rents or renovate to your exact specifications without tenant constraints. Turnkey Potential: Well-maintained building with recent updates, ensuring low maintenance costs and a seamless path to generating income. Spacious Layouts: Each unit boasts functional floor plans with hardwood floors, high ceilings, and abundant natural light to attract quality tenants. Updated Features: Modern kitchens with stainless steel appliances and up to date bathrooms enhance tenant appeal. High Demand Location: Steps away from 13th Avenue’s shopping and dining area, with easy access to public transportation (D and N subway lines), making it a commuter’s dream. Outdoor Appeal: A private backyard adds value for tenants and potential for additional amenities. Why Invest Here? Borough Park is a vibrant and stable rental market, ensuring consistent demand year-round. With this property delivered vacant, investors have unparalleled flexibility to maximize rental income or reposition the property for even greater returns. This is a rare chance to capitalize on a high-demand area with strong appreciation potential. Contact us today to learn more about the financials and schedule a private showing.
Highlights
Home typeDuplex
HeatingSteam
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.046 Acres
Year built1925
MLS #874137
Summary
- Full Bathrooms: 3
- Basement: Yes
- Interior: First Floor Bedroom
- Total Bedroom Count: 8
- Heating: Steam
- Cooling: Wall/Window Unit(s)
- List Price: $2,499,999
- Annual Tax Amount: $7,585
- Tax Year: 2024
- Year Built: 1925
- Lot Size: 0.046 Acres
- MLS Number: 874137
- MLS Name: ONEKEY2
- Office Name: EXP Realty
- Office Phone: (888) 276-0630
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/11/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,499,999
1230 59th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $92,340 | $7,585 |
| 2023 | $113,280 | $7,326 |
| 2021 | $103,080 | $14,517 |
| 2019 | $109,740 | $7,039 |
| 2018 | $30,396 | $5,976 |
| 2017 | $29,319 | $5,746 |
History based on county public records data.
Nearby schools
8
P.S. 105 Blythebourne School
Public District KG-5
0.3 mi
•1031 59th St
9
The School for Future Leaders
Public District KG-5
0.4 mi
•942 62nd St
7
P.S. 160 William T. Sampson School
Public District KG-5
0.5 mi
•5105 Fort Hamilton Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,667. The most common annual income of people living in Brooklyn, NY is less than $<35k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
54%
<35k
31%
35k-100k
14%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
27%
Single, No Kids
7%
Single, with Kids
17%
Married, No Kids
49%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
31%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
28%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Hiking/backpacking
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
Audi
Volkswagen
Toyota
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1230 59th St
The listing price of 1230 59th St property is $2,499,999.
The property 1230 59th St is a multi located in Brooklyn, New York, 11219.
Active Listing: 1230 59th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1230 59th St are: P.S. 105 Blythebourne School (GreatSchools Rating 8/10), The School for Future Leaders (GreatSchools Rating 9/10), P.S. 160 William T. Sampson School (GreatSchools Rating 7/10), Intermediate School 187 Christa Mcauliffe School (The) (GreatSchools Rating 9/10), The Seeall Academy (GreatSchools Rating 8/10), J.H.S. 227 Edward B. Shallow (GreatSchools Rating 6/10), West Brooklyn Community High School (GreatSchools Rating 3/10), Urban Assembly School for Leadership and Empowerment (GreatSchools Rating 7/10), Franklin Delano Roosevelt High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $7,585 (source: MLS/based on county public records data).
The year of construction for 1230 59th St is 1925.
This home is located at 1230 59th St in Brooklyn, NY and zip code 11219 in the Borough Park neighborhood. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $2,499,999.
Over 37 listings were sold over their listed price in May 2025 in Brooklyn, NY. In the same period over 172 listings were sold below the listed price and 227 listings were sold for the listed price. Between April and May 2025, Brooklyn, NY real estate market has seen increase in the number of listings by 0.2%. The median list price of listings available in May 2025 was $992,262, while the average time on the real estate market was 118 days.
From Rocket Homes Real Estate and based on county public records data.