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Sunset Park Solid Brick Multifamily
For Sale
$1,388,000

361 59th St, Brooklyn, NY 11220

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

Property SizeContact for details
Lot Size0.05 Acres
Days on Market260

Property Features for 361 59th St

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Multi Family

Building Details

Year Built 1906
Listing Agency: Tiger Realty
Listed By: Chao Min (May) Xu
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 13 at 11:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Solid brick 6‑family building in Sunset Park
  • Gross annual rental income of $110,749
  • All 6 one‑bedroom apartments in move‑in condition

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,084
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

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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