$10,000 Closing Credit¹
#487540, Listing Office: Century 21 Realty First
$10,000
closing credit¹
361 59th St Brooklyn, NY 11220
$1,218,000 List price
$10,000
Closing credit¹
6 full
3,201 sqft
$381 / sqft
Multi-Family
Property details
About 361 59th St
Introducing a beautiful 6-family Solid Brick in a prime neighborhood, Sunset Park. This Building size of 21x60 sitting on a 20x100 lot. Taxes are $10,283/year. The building consists of 6 One-Bedroom apartment (all in excellent condition) with access to a full basement. The building currently provides a gross annual rental income of $110,749 which is about a 5% to 6% CAP Rate, and it also determines that current tenants are at or about paying fair market rents. The building is conveniently located minutes away from all shopping and transportation on 4th Ave and 5th Ave, near N and R train Subway station. Please have the pre-approval or proof of funds ready with all offers. 24-hour notice that way all showings can be accommodated.
Highlights
Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
CoolingOther
Size3,201 sqft
BasementYes
Year built1906
ParkingNone, None
MLS #481397
FireplaceOther
Summary
- MLS Number: 481397
- Office Name: Century 21 Realty First
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Last updated on: 2/1/2025, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,218,000
361 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 | $303,750 | $11,358 |
| 2023 | $282,150 | $10,519 |
| 2021 | $259,200 | $8,851 |
| 2019 | $283,950 | $8,978 |
| 2018 | $64,723 | $7,624 |
| 2017 | $59,944 | $7,155 |
History based on county public records data.
Nearby schools
4
P.S. 503: The School Of Discovery
Public District KG-5
0.0 mi
•330 59th St
5
P.S. 506: The School Of Journalism Technology
Public District KG-5
0.0 mi
•330 59th St
6
School Of Math, Science, And Healthy Living
Public District KG-5
0.2 mi
•6214 4th Ave
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 $47,414. The majority of Brooklyn, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
30%
<35k
62%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
21%
Single, with Kids
13%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 361 59th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 3,201 square foot home was built in 1906. Features: 6 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $1,218,000.
Brooklyn, NY housing market in December 2024 saw over 40 listings sold above listed price, more than 257 sold at listed price and over 178 sold below. The inventory of homes for sale in Brooklyn, NY between November and December 2024 decreased by 10.4%. In December 2024, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $987,395.
From Rocket Homes Real Estate and based on county public records data.