Just Listed
Address
774 59th Street, Brooklyn, NY
Price
$ 7,500,000
Property Attributes
- MLS#504726
- TypeCommercial
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodSunset Park
- Zip11220
- StyleCommercial
- Year Built1923
- Taxes$ 64261
- Price$ 7,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6800
- Lot Size0.045983 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Investment Opportunity!!! This is a incredible commercial building, perfectly positioned in a prime location, and more making it an excellent investment opportunity. Building size 20’x74’ on lot 20’x100’. This building features 1 commercial stores offering the potential for long-term tenants and consistent rental income. Don't miss out on this exceptional opportunity to own a prime commercial building with rent increase potential in the heart of 8th Ave.
| Price History | |
|---|---|
| 9/21/2026 | Listed $7,500,000 |
General Features
| Net Operating Income | 306078.00 |
|---|---|
| Equipment Included | Contact Listing Agent. |
| Ceiling Height | Other |
| Roof | Flat |
| current use | Other |
| Zoning | R6 |
| Stories Count | 4 |
| Property Type | Commercial |
| Block | 866 |
| Cap Rate | 0.04 |
| Lot Number | 38 |
| Yearly Taxes | 64261.00 |
| Transaction Type | Sale |
| Insurance Expense | 10673.00 |
| Utility Expense | 2400.00 |
| Gross Expense | 85506.00 |
| Financing | Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 391584 |
| Status | Active |
| Fuel Expense | 0.00 |
| Construction Materials | Brick,Masonry |
| Cumulative Days on Market | 69 |
| MLS Area | Sunset Park |
| Sub Type | Commercial |
| Year Built | 1923 |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 1 |
| DOM | 2 |
| Sale Type | Arm's Length |
| Public Remarks | Investment Opportunity!!! This is a incredible commercial building,perfectly positioned in a prime location,and more making it an excellent investment opportunity. Building size 20’x74’ on lot 20’x1 |
Interior Features
| Walls | Other |
|---|---|
| Unit Count | 1 |
| Sq Ft Total | 6800 |
| Lavatories | None |
| Basement Amenities | Other |
| Commercial Features Exterior | None |
| Commercial Features Interior | None |
Exterior Features
| Potential Use | Other |
|---|---|
| Foundation | Poured Concrete |
| Lot Sq Ft | 2003 |
| Loading Docks | None |
| Building Length | 74.00 |
| Building Width | 20.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 20 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 11220
Price
Taxes
Year Built
Visits
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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