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$1,218,000

For Sale

Delisted 3/7/2025

3,201 ft²

$380 per ft²

12 rooms

6 beds

6 baths

Seller's agent

Rose Li

Licensed Associate Real Estate Broker

Century 21 Realty First

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Listing by Century 21 Realty First, Real Estate Principal Office

Common charges

Not applicable

Estimated payment

$16,576/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$10,283/mo

Tax abatement

No info

About

Seller’s agent

/

Rose Li

Licensed Associate Real Estate Broker

Century 21 Realty First

description

Introducing a beautiful 6-family Solid Brick in a prime neighborhood, Sunset Park. This Building size of 21x60 sitting on a 20x100 lot. Taxes are $10,283/year. The building consists of 6 One-Bedroom apartment (all in excellent condition) with access to a full basement. The building currently provides a gross annual rental income of $110,749 which is about a 5% to 6% CAP Rate, and it also determines that current tenants are at or about paying fair market rents.

Policies

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Home features

No info on home features

Building amenities

No info on building amenities

About the building

361 59th Street

361 59th Street, Brooklyn, NY 11220

Rental building inSunset Park

6 units

3 stories

1906 built

Property history

  • Price Change: ↑ $28,000 (+2.2%) on 10/30/24
  • Days on market: 259 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

3/7/2025

$1,218,000

Delisted by Century 21 Realty First

10/30/2024

$1,218,000

Price increased by 2%

9/23/2024

$1,190,000

Price decreased by 8%

9/5/2024

$1,290,000

Price decreased by 1%

7/24/2024

$1,300,000

Price decreased by 6%

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Explore Sunset Park

Transit

LocationDistance

NRWat 5th Av/59th St

under 500 feet

Rat 53rd St

0.26 miles

Rat Bay Ridge Av

0.56 miles

Nat 8th Av

0.65 miles

Rat 45th St

0.68 miles

About Sunset Park

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

6 beds

$1.67M

Tucked between Park Slope and Bay Ridge, Sunset Park is a bit of a hike from Manhattan and Downtown Brooklyn. Relative obscurity has kept rents low for decades, although that appears to be slowly changing as brownstone families are priced out of Park Slope and Carroll Gardens. A new hipster wave is beginning here: Industry City, a cluster of 16 warehouses on cobblestone streets, now hosts Smorgasburg, The Brooklyn Flea, and Mister Sunday, a day dance party in the summer. The galleries, tech conferences, rooftop movie screenings, and countless artisan shops in that complex are slowly putting Sunset Park on the map for young people.

Learn more about Sunset Park