870 59th Street

Sunset Park

$4,600,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Location! Location! Location! Rare opportunity to own a 3 years Mix-Use Property in Sunset Park 8th Avenue. Lot: 20x100, Building: 20x93. Legal 2 medical offices with 3 resident units ! Separated Heat and Hot water. Gross income is $210,000/Yr, low R. E. tax $12864/Yr. Lot of potentials for this property, easily increase the rent roll from 210K to 300K!Location! Location! Location! Rare opportunity to own a 3 years Mix-Use Property in Sunset Park 8th Avenue. Lot: 20x100, Building: 20x93. Legal 2 medical offices with 3 resident units ! Separated Heat and Hot water. Gross income is $210,000/Yr, low R. E. tax $12864/Yr. Lot of potentials for this property, easily increase the rent roll from 210K to 300K!
  1. Listed by Mingqin Sun • E House Realty & Mgt. Inc

Amenities

  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise

Location

Listing Courtesy of E House Realty & Mgt. Inc
Add your commute
LISTING UPDATED: 09/11/2023 03:17 PM

Property Details for 870 59th Street

StatusActive
MLS ID464229
Days on Market653
Taxes$12,684 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1899
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

870 59th St

2 Units2 StoriesBuilt in 1899

Location

Listing Courtesy of E House Realty & Mgt. Inc
Add your commute

Building Information for 870 59th Street

Stories2Residences2Year Built1899Lot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$26,161 per month

30 year fixed, 7.25% Interest

Principal and Interest

$25,104

Property Taxes

$1,057

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 870 59th Street

Summary
Location and General Information
  • Block: 5707
  • Number Of Stories: 2
  • Cross Street Name: 8AVE AND 9 AVE
  • Zoning: R6
  • Roof: Other
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 12684.0
  • Gross Income: $210,000.00
Property
Lot Information
  • Yard: None
  • Lot Number: 35
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Baseboard
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full, Separate Entrance, Walk-in
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Tile
  • Unit Count: 6
  • Lavatories: None
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1840.0
  • Building Length: 92.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Medical
Unit 2
  • Unit Category: Store
  • Unit Floor: 0
  • Unit Status: Leased
  • Unit Unit Type: Medical
Unit 3
  • Unit Baths Full: 4
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 4
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 4+ Bedrooms
Unit 4
  • Unit Baths Full: 4
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 4
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 4+ Bedrooms
Unit 5
  • Unit Baths Full: 4
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 4
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Floor: 4
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 4+ Bedrooms
Unit 6
  • Unit Baths Full: 2
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 5
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 2 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No
  • Rent Income: 231600.0

Property History for 870 59th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 870 59th Street

Taxable ValueLand$72,000Additions$382,950Total$454,950
Home Facts
Total Finished SqFt5,763 SqFtLot Size2,003 SqFtYear Built1899ZoningR6APN3057070035

Schools near 870 59th Street

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 105 The Blythebourne
PublicK to 5

Jhs 227 Edward B Shallow
Public6 to 8

Franklin Delano Roosevelt High School
Public9 to 12

I.S. 187 The Christa Mcauliffe School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

870 59th Street is a mixed use property for sale in Sunset Park. This property was listed for sale on July 14, 2022 by E House Realty & Mgt. Inc, it's currently listed at $4,600,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 105 The Blythebourne, Jhs 227 Edward B Shallow and Franklin Delano Roosevelt High School. 870 59th Street is a 0-bed, 0-bath, mixed use property built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of E House Realty & Mgt. Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.