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361 59Th St Brooklyn, NY 11220

For Sale
$1,388,000

Six-unit multifamily building in Sunset Park, generating $110,749 annually.

Lot size:
0.05 Acres

Property Features for 361 59Th St

General Information

Lot size
0.05 Acres

Building Details

Year built
1906

Source: Century 21 Realty First Agent Chao Min (May) Xu

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Sunset Park Solid Brick Multifamily

Located in Sunset Park, Brooklyn, this multifamily property is a solid brick building featuring six one-bedroom apartments, all in move-in condition. The building has dimensions of 21x60 and sits on a 21x100 lot. The property provides a gross annual rental income of $110,749, with tenants paying at or about fair market rents. The building includes a full basement. The property is situated minutes away from shopping and transportation on 4th Ave and 5th Ave, and near the N and R train subway station. The annual taxes are $10,283.
Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
-74.018257
Latitude
40.641964

FAQs

What type of property is this?
Apartment building - Six-unit multifamily building in Sunset Park, generating $110,749 annually.
Where is this apartment building located?
The property is located at 361 59Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: - Solid brick 6-family building in Sunset Park; - Gross annual rental income of $110,749; - All 6 one-bedroom apartments in move-in condition
More about this property
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