The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,388,000
361 59th St
Brooklyn, NY, 11220
View more Brooklyn, NY property pages8Beds
6Baths
3,201Sqft
$434$/sqft
Listing Notes
Introducing a beautiful 6-family Solid Brick in a prime neighborhood, Sunset Park. This Building size of 21x60 sitting on a 21x100 lot. Taxes are $10,283/year. The building consists of 6 One-Bedroom apartment (all in move in condition) with access to a full basement. The building currently provides a gross annual rental income of $110,749, and it also determines that current tenants are at or about paying fair market rents. The building is conveniently located minutes away from all shopping and transportation on 4th Ave and 5th Ave, near N and R train Subway station. Please have the pre-approval or proof of funds ready with all offers. 24-hour notice that way all showings can be accommodated.
Market Insights
Below nearby median-44%
$434/sqft vs a nearby median of $775/sqft.
Nearby median$775/sqft
Nearby properties12
Property size3,201 sqft
- -44% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,201 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.57M$2.34M – $2.80M · 50% confidence
vs ask $1.39M−$1.18M (−85.0%)
Asking price is about 85.0% below the fair value — likely to draw competing offers if it's still on market.
$775/sqft median across 9 tight comps × 3,201 sqft= $2.48M
- Transit access+$99k +4.0%
- Days-on-market gravity−$74k −3.0%
- Pre-war character+$62k +2.5%
Cumulative NYC adjustments+$87k+3.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 315 days
- Last price change
- No change recorded
- Listed
- Jul 1, 2025
- Photos
- 2 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Jul 28, 1999 · $60,000
Features & Amenities
Central AirBasementRental PropertyShopping
Building Facts
- Year built
- 1906
- Stories
- 3
- Total units
- 6
- Residential units
- 6
- Building area
- 3,201 sqft
- Lot size
- 2,051 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C2
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,388,000for sale
Public Records
DOB violations3 open
10 total recorded against the building
HPD violations1 open
12 total recorded
ACRIS documents4
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,299
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,358
- Blocked Driveway2,422
- Noise - Residential2,079
- HEAT/HOT WATER1,695
- Noise - Street/Sidewalk1,479
Recent DOB
- Jan 31, 2005V-DOB VIOLATION - ACTIVE · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Mar 19, 2003V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Feb 7, 2000V-DOB VIOLATION - ACTIVE · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- May 4, 1998V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Recent HPD
- Sep 4, 2021Class A · § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT AT CEILING AT PUBLIC HALL, 3rd STORY
- Sep 4, 2021Class B · § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING AT PUBLIC HALL, 3rd STORY
- Sep 4, 2021Class B · § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDENT MATERIAL AT CEILING AT PUBLIC HALL, 3rd STORY
- Sep 4, 2021Class B · § 27-2037, 2038 HMC: PROVIDE A SAFE AND ADEQUATE SUPPLY OF ELECTRIC SERVICE TO THE FIXTURES ELECTRICAL OUTLET AT WEST WALL IN THE 3rd ROOM FROM NORTH LOCATED AT APT 3R, 3rd STOR...
Recent Transfers (ACRIS)
- Jan 15, 1998DEED
- Jul 28, 1999DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.