Semi-Detached Brick
875 59th Street Brooklyn, NY 11220
New
For Sale
$3,299,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,280 SF
Lot Size0.07 Acres
Price / SF$1,005
Days on Market4
Property Features for 875 59th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 6
- Interior features
- A/C Unit - Window, Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,280 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19796
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 27 at 6:06AM
MLS# 503288
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 semi-detached brick four-family building offers a straightforward residential income configuration, with a total of 8 bedrooms and 4 full bathrooms. The property is described as measuring 21 by 80 feet, sitting on a 28.5 by 100 lot.
Located in Brooklyn, the offering is positioned near shopping, restaurants, schools, parks, and public transportation, providing convenient day-to-day access for tenants.
The property is zoned R6 and is listed as a residential income asset with an indicated total size of 3,280 square feet.
Located in Brooklyn, the offering is positioned near shopping, restaurants, schools, parks, and public transportation, providing convenient day-to-day access for tenants.
The property is zoned R6 and is listed as a residential income asset with an indicated total size of 3,280 square feet.
Key Highlights
- Semi‑detached brick 4‑family built in 1920
- Total of 8 bedrooms and 4 full bathrooms
- Building size 21×80 on a 28.5×100 lot
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 | $145.6k | $44.40 |
| − Vacancy | −$6.1k | −$1.86 |
| EGI | $139.5k | $42.54 |
| − OpEx | −$41.9k | −$12.76 |
| NOI | $97.7k | $29.77 |
3,280 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.22M – $1.63M
NOI $97,661 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,467 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,844 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-family semi-detached brick building with 8 bedrooms and 4 full bathrooms on an R6-zoned lot.
Where is this quadplex located?
The property is located at 875 59th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,299,000.
What are key features of this property?
This property features: Semi‑detached brick 4‑family built in 1920; Total of 8 bedrooms and 4 full bathrooms; Building size 21×80 on a 28.5×100 lot
