Corner Single-Family Home with
2204 E 59th Place Brooklyn, NY 11234
2204 E 59th Place, Brooklyn, NY, 11234
$779,900
For Sale
$779,900
SINGLE_FAMILY - Brooklyn, NY
Property Size1,152 SF
Lot Size0.06 Acres
Price / SF$676
Days on Market127
Property Features for 2204 E 59th Place
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R5
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
- Basement
- Finished
- Standard status
- Active
- Size
- 1,152 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8658
Building Details
- Year built
- 1960
- Flooring type
- Hardwood
- Architectural style
- Other
Listing agency
BHHS Fillmore R.E.
(718) 377-6161
Listed by
Ken Macbride
(718) 368-2500
Added: Mar 17 Updated: Jul 11 at 6:34PM Checked: Jul 21 at 8:06AM
MLS# 499778
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.
Investment Insights
Based on property information with market context.
This corner single-family home in Mill Basin offers an extended side yard and private rear parking. Inside, hardwood floors run throughout, complemented by Andersen windows that bring in natural light. The first floor includes a brand-new half bathroom and a spacious kitchen with sliding glass doors that open directly to the yard.
The upper level provides three well-proportioned bedrooms and a full bathroom. Additional living space is available in the finished basement, which can support a recreation area or home office.
Additional features include security cameras. The property is listed with R5 zoning and is located at 2204 E 59th Place, Brooklyn, NY 11234.
The upper level provides three well-proportioned bedrooms and a full bathroom. Additional living space is available in the finished basement, which can support a recreation area or home office.
Additional features include security cameras. The property is listed with R5 zoning and is located at 2204 E 59th Place, Brooklyn, NY 11234.
Key Highlights
- 1960‑built corner home with an extended side yard and private rear parking
- Hardwood floors throughout and Andersen windows for abundant natural light
- First floor includes a brand‑new half bath and a kitchen with sliding glass doors to the yard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.8k | $51.00 |
| − Vacancy | −$1.1k | −$0.97 |
| EGI | $57.6k | $50.03 |
| − OpEx | −$17.3k | −$15.01 |
| NOI | $40.3k | $35.02 |
1,152 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$576.4K
$504.3K – $672.4K
NOI $40,345 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$502.4K
$439.6K – $586.2K
NOI $35,169 @ 7.0% cap · market cap 4.51%
Theoretical Best
Specialty Retail
$953.9K
$834.6K – $1.11M
NOI $66,770 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Corner home with extended side yard, hardwood floors, Andersen windows, and private rear parking.
Where is this duplex located?
The property is located at 2204 E 59th Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $779,900.
What are key features of this property?
This property features: 1960‑built corner home with an extended side yard and private rear parking; Hardwood floors throughout and Andersen windows for abundant natural light; First floor includes a brand‑new half bath and a kitchen with sliding glass doors to the yard
