$10,000

closing credit¹

363 59th St Brooklyn, NY 11220

$1,218,000
6 beds
6 full
3,201 sqft
$381 / sqft
Multi-Family

Property details

About 363 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 $10,303/year. The building consists of 6 One-Bedroom apartment (all in good condition) with access to a full basement. The building currently provides a gross annual rental income of $99,717 which is about a 5% to 6% CAP Rate, and it also determines that current tenants are paying good. 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 #487540
FireplaceOther

Summary

  • MLS Number: 487540
  • Office Name: Century 21 Realty First

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Last updated on: 1/20/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$1,218,000

363 59th St

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2020$321,750$9,000
2019$321,750$7,885
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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,414. Most Brooklyn, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

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 SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 363 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 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $1,218,000.

In December 2024 more than 40 listings in Brooklyn, NY were sold above the asking price. During the same period more than 257 listings were sold at asking price, while more than 178 were sold below. In December 2024 in Brooklyn, NY there were 10.4% less homes for sale than in November. 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.

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