Legal Four-Family Development
847 59th Street Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property size:
2,072 SFLot size:
0.11 AcresPrice / SF:
$2,654/SF- Added:
- Jun 30, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 9 at 10:06 pm
Property Features for 847 59th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C3
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3
- Parking features
- Offsite
- Standard status
- Active
- Size
- 2,072 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9640
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Building materials
- Brick
Listing agent Yaoming (Tommy) Cao (718) 676-6611
Listing office Winzone Realty Inc 7405 18th Ave, Brooklyn, NY (718) 676-6611
Listing date Jun 30, 2026
MLS# 502701
Listing URL
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Investment Insights
Based on property information with market context.
The property is a legal 4-family development site comprised of two physical buildings at 845 and 847 59th Street, merged into a single tax lot (Lot 58). The offering is structured as Tax Class 2A / Building Class C3. The site is cleared and is being sold strictly AS-IS, cash-only, with no mortgage or structural contingencies accepted. Proof of Funds (POF) is required prior to any showing or offer submission. The current property is described as vacant.
The buildings are offered under Brooklyn zoning C3. The combined lot size is stated as 50x100, and the property is represented as a development opportunity with plans for a new 16-condo and a 3-community facility building nearing final DOB approval. The listing notes no financials are provided, and access is dependent on POF approval.
This is best suited for buyers or developers seeking an AS-IS multifamily site with active plans approaching final DOB review and an identified buildout concept. With two structures consolidated into one tax lot and the site cleared for work, the property is positioned for a condensed path from acquisition to permitting and redevelopment, subject to completion of the DOB process.
The buildings are offered under Brooklyn zoning C3. The combined lot size is stated as 50x100, and the property is represented as a development opportunity with plans for a new 16-condo and a 3-community facility building nearing final DOB approval. The listing notes no financials are provided, and access is dependent on POF approval.
This is best suited for buyers or developers seeking an AS-IS multifamily site with active plans approaching final DOB review and an identified buildout concept. With two structures consolidated into one tax lot and the site cleared for work, the property is positioned for a condensed path from acquisition to permitting and redevelopment, subject to completion of the DOB process.
Key Highlights
- Legal 4‑family on a combined 50x100 lot, sold as‑is and cash‑only
- Two physical buildings—845 & 847 59th St—merged into a single tax lot (Lot 58)
- Brick construction with offsite parking
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Two merged buildings on a single tax lot, delivered AS-IS for cash-only buyers with DOB-ready condo conversion plans.
Where is this quadplex located?
The property is located at 847 59th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Legal 4‑family on a combined 50x100 lot, sold as‑is and cash‑only; Two physical buildings—845 & 847 59th St—merged into a single tax lot (Lot 58); Brick construction with offsite parking
