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Property profile & analytics

259 53Rd St Brooklyn, NY 11220

  • Auto shops
  • 0.04 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-4582690
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Auto shops

Property Details for 259 53Rd St

Lot size
0.04 lot acres
Zone code
M12D
Property type
Auto shops
APN
00805-0059
APU
8050059

Description

This exceptional 1,703 square foot vacant industrial lot, located at 259 53rd Street in Brooklyn, New York, presents a prime investment opportunity. The property is situated in Sunset Park's thriving industrial neighborhood and boasts an M1-2D zoning designation. Measuring 17 feet wide by 100.17 feet deep, this lot offers significant potential for development. Its strategic location provides easy access to key transportation arteries, including the 53rd Street ("N, R, W") subway station just 1.5 blocks away, and the 4th Avenue retail corridor, also 1.5 blocks distant. Furthermore, the property enjoys convenient proximity to the I-278/Gowanus Expressway, located approximately 0.7 miles away. The asking price for this exceptional property is $750,000. This represents a compelling opportunity to acquire a well-positioned industrial lot in a rapidly developing area of Brooklyn. The Kings County address and 11220 zip code further highlight its desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-74.017
Latitude
40.6467
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,635
$94,050
$0.00
$94,050
-
$209,000
$0.00
$209,000
More about this property
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