For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Attached Brick 4-Family Building Title is generated by Realmo AI

    943 59th Street, Brooklyn, NY 11219

    View on Map
    Claim this Listing
    New
    For Sale
    $2,950,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    6,000 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $491/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 943 59th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R6
    Bedrooms
    11
    Bathrooms
    8
    Rooms
    Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 8, Bathroom 7, Bedroom 4, Bedroom 3, Bedroom 10, Bedroom 9, Bathroom 8, Bathroom 3, Bedroom 2, Bedroom 11, Bedroom 7, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 5, Bathroom 2
    Interior features
    Refrigerator, Stove
    Basement
    Full, Finished
    Standard status
    Active
    Size
    6,000 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    17493

    Building Details

    Year built
    1990
    Floors in Building
    3
    Number of units
    4
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Contact an agent
    Hang (Tyler) Chen
    Hang (Tyler) Chen

    Listing agent Hang (Tyler) Chen

    Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

    Listing date Jun 26, 2026

    MLS# 502623 Listing URL

    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.

    HighLights

    • Attached brick 4‑family building with a 20 ft x 75 ft building size on a 20 ft x 100 ft lot
    • 1st floor unit: 2 beds and 2 baths
    • 2nd, 3rd, and 4th floors: each unit has 3 bedrooms and 2 bathrooms
    • Full finished basement adds additional usable space
    • Separately supplied heat and hot water
    • Interior features include refrigerator and stove; hardwood and tile flooring; flat roof; year built 1990

    Overview

    This attached, brick 4-family building is 3.5 stories above ground, with a full finished basement for additional usable space. The building is described as approximately 20 by 75 feet, situated on a 20 by 100 lot. The 1st floor features a 2-bedroom, 2-bath layout, while the 2nd, 3rd, and 4th floors each provide a 3-bedroom, 2-bath configuration, giving consistent upper-floor unit sizes for a rental-ready setup.

    The property is located in Brooklyn’s Sunset Park area and is positioned near shopping, restaurants, schools, parks, and public transportation. The zoning is listed as R6.

    With multiple unit configurations, the building can fit a range of ownership goals, including renting all units or occupying one floor while generating rental income from the others. Separate supply of heat and hot water is also noted, which can simplify management by allowing building systems to be handled independently by unit or separately for occupants.

    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 $259.2k $43.20
    − Vacancy −$11.7k −$1.94
    EGI $247.5k $41.26
    − OpEx −$74.3k −$12.38
    NOI $173.3k $28.88
    6,000 SF · lease $43.20/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $2.48M
    $2.17M – $2.89M (±1% cap)
    NOI $173,275 @ 7.0% cap · market cap 5.87%
    Second Best
    Apartment 5plus
    $2.22M
    $1.94M – $2.59M (±1% cap)
    NOI $155,541 @ 7.0% cap · market cap 5.27%
    Theoretical Best
    Office A
    $3.89M
    $3.40M – $4.54M (±1% cap)
    NOI $272,275 @ 7.0% cap · market cap 9.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.00547
    Latitude
    40.634252

    FAQs

    What type of property is this?
    Quadplex - Attached brick 4-family with finished basement and separately supplied heat and hot water.
    Where is this quadplex located?
    The property is located at 943 59th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Attached brick 4‑family building with a 20 ft x 75 ft building size on a 20 ft x 100 ft lot; 1st floor unit: 2 beds and 2 baths; 2nd, 3rd, and 4th floors: each unit has 3 bedrooms and 2 bathrooms
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message