Legal Four-Family Quadplex in C3
For Sale
$5,500,000
847 59th Street, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property Size2,072 SF
Lot Size0.11 Acres
Price / SF$2,654
Days on Market56
Property Features for 847 59th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C3
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Offsite
Subdivision
Sunset Park
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 Agency:
Winzone Realty Inc
(718) 676-6611
Listed By:
Yaoming (Tommy) Cao
(718) 676-6611
Added: Jun 30
Changed: Aug 3
Last Checked: Aug 24 at 1:06PM
MLS# 502701
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Investment Insights
Based on property information with market context.
847 59th Street in Brooklyn presents a legal 4-family quadplex structure for an end user or builder. The property consists of two physical brick buildings—845 and 847 59th St—merged into a single tax lot (Lot 58). The offering is designated as a legal 4-family (Tax Class 2A / Building Class C3) and is being sold strictly “AS-IS” and “CASH-ONLY.” Proof of Funds (POF) is required prior to any showing or offer submission, and no mortgage or structural contingencies will be accepted.
The site is cleared and ready for development, and plans for a new 16-condo and a 3-community facility building are nearing final DOB approval. The original buildings were constructed in 1925, and parking is listed as offsite.
Zoning is C3, supporting the proposed redevelopment direction.
The site is cleared and ready for development, and plans for a new 16-condo and a 3-community facility building are nearing final DOB approval. The original buildings were constructed in 1925, and parking is listed as offsite.
Zoning is C3, supporting the proposed redevelopment direction.
Key Highlights
- Two buildings (845 and 847 59th St) merged into one tax lot (Lot 58)
- Legal 4‑family quadplex (Tax Class 2A / Building Class C3)
- Plans nearing final DOB approval for 16 condos and a 3‑community facility building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,788
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Legal four-family quadplex on a cleared site with two buildings merged into one tax lot, zoned C3.
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: Two buildings (845 and 847 59th St) merged into one tax lot (Lot 58); Legal 4‑family quadplex (Tax Class 2A / Building Class C3); Plans nearing final DOB approval for 16 condos and a 3‑community facility building
