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    864 59Th St Brooklyn, NY 11220

    Sponsored
    For Sale
    $4,510,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    4,986 SF
    Lot size:
    0.05 Acres
    Days on Market:
    81
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 864 59Th St

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Size
    4,986 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Efocus Team Real Estate Inc (929) 627-0912

    Listing agent Chun Ying (Emily) Chen (347) 882-1913

    Listing date Oct 17, 2025

    MLS# 495538 Listing URL

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Building, Sunset Park

    Located in a high-traffic area of Sunset Park, Brooklyn, this mixed-use property features a storefront with a full finished basement and five residential apartments. The building was rebuilt and renovated from the ground up in 2009-2010. The residential section includes five apartments, with the first-floor apartment featuring 4 bedrooms, 2 full baths, 2 balconies, and ample closet space. The residential size is 20x58 feet with high ceilings. The storefront, which is approximately 1940 square feet, includes a full finished basement with high ceilings and a bathroom, as well as a separate entrance and boiler. The lot size is 20 x 100 feet with R6 S2 zoning. The storefront is currently leased to a tenant paying $6300 per month. The property is near restaurants, supermarkets, parks, and schools along 8th Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C.B. Neurology & Sleep ... Neurologist Brooklyn Christian Believers ... Religious Institution

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.91991
    Latitude
    40.632298

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    FAQs

    What type of property is this?
    Mixed-use property - Newly renovated mixed-use property with storefront and five apartments.
    Where is this mixed-use property located?
    The property is located at 864 59Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $4,510,000.
    What are key features of this property?
    This property features: - High-traffic location in Sunset Park with a newly renovated 5-family building and storefront.; - **Substantial income potential:** Approximately $241,000 yearly income with a 6% cap rate and upside potential.; - **Newly renovated 1940 sq ft storefront with a full finished basement, separate entrance, and bathroom, currently leased for $6300/month.**
    (347) 882-1913
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    864 59Th St Brooklyn, NY 11220
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    Brooklyn, NY 11220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    864 59Th St Brooklyn, NY 11220
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