2 months on rocket

729 59th St, Brooklyn, NY, 11220

$1,799,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
5 Full Baths
4,800 SqFt
$375/SqFt
Multi

Location

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729 59th St, Brooklyn$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, None
Year Built1923
HeatingBaseboard, Steam, Natural Gas
BasementYes
FireplaceStove
MLS #486953
StatusActive

About 729 59th St

Rare-Find 6-Family Brick in Excellent Condition is located in most desirable prime Sunset Park Neighborhood. This building features 5 two-bedroom apartments and 1 one-bedroom apartment, 4 apartments on the 1st and 2nd floors are in excellent condition and tenants have their own water heater and boiler in their apartment, finished basement with separate entrance is also in great condition, 1 vacant two-bedroom apartment on 3rd floor, building size 20x85' sitting on 20x100' lot, annual gross income $100,898 and property tax $20,526. Won't Last!

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 3
  • Living Area: 4,800 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000
  • Price Per SqFt: $375/SqFt

Tax Information:

  • Annual Amount: $16,264
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

729 59th St vs Brooklyn

60 DAYS ON ROCKET

-51 Days

$1,799,000

+$819K More

$375/SqFt

-$327 Less

KEY TAKEAWAY

This property is $819K more than the Median Sold Price and $327/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486953

Listing Office:

  • Office Name: RE/MAX Edge

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 2000Home Sold
$260,000
Mar 10, 2000Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,264$495,450
2019$16,264$495,450
2018$13,779$116,976
2017$12,933$108,335

History based on county public records data.

Payment Calculator

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-882610
8
/10

  • P.S. 69 Vincent D Grippo School

  • 6302 9th Ave

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-882611
9
/10

  • The School for Future Leaders

  • 942 62nd St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-882612
8
/10

  • P.S. 105 Blythebourne School

  • 1031 59th St

  • 0.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,360. Residents of Brooklyn, NY typically earn less than $35k each year. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11220›729 59th St

This home is located at 729 59th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 4,800 square foot home was built in 1923. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $1,799,000.

Over 28 listings were sold over their listed price in November 2024 in Brooklyn, NY. In the same period over 161 listings were sold below the listed price and 196 listings were sold for the listed price. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. In November 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $979,913.

From Rocket Homes Real Estate and based on county public records data.

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