847 59th Street
Brooklyn, NY 11220
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Bed
4
Bath
2,072Sqft
0.11Acre(Lot)
In the heart of Brooklyn's 8th Ave Chinatown! Incredible development opportunity on a combined 50x100 lot in a prime, highly sought-after location. Property consists of two physical buildings (845 & 847 59th St) merged into a single tax lot (Lot 58) as a legal 4-family (Tax Class 2A / Building Class C3). Plans for a brand new 16-condo and 3-community facility building are nearing final DOB approval. Site is cleared and ready for your builders. Being sold strictly 'AS-IS' and CASH-ONLY sale. No mortgage or structural contingencies will be accepted. Proof of Funds (POF) required prior to any showing or offer submission. MLS Approve-No financial provided due to property being vacant-dmd
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Full Baths: 4 -
Flooring Information
None -
Roofing Information
Other -
Interior Features
Roof: Other
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Building Information
Year Built: 1925 Building Area Total: 2072 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 100 x 50 Lot Size Acres: 0.11 Lot Size Square Feet: 4958
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Listing Price Information
Listing Price: $5500000
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Tax Information
Tax Lot: 58 Tax Block: 5700 Annual Tax: $9640
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Parking Information
Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 277 7th Street, Brooklyn, NY, 11220 | $4,200,000 | 42 | 20 | 15,708 | 15,708 SqFt |
| 1433 Bay Ridge Parkway, Brooklyn, NY, 11220 | $1,650,000 | -- | 3 | -- | |
| 827 49th Street, Brooklyn, NY, 11220 | $2,800,000 | 12 | 7 | 5,280 | 5,280 SqFt |
| 819 49th Street, Brooklyn, NY, 11220 | $2,199,000 | 11 | 6 | 5,280 | 5,280 SqFt |
| 775 48th Street, Brooklyn, NY, 11220 | $2,680,000 | 8 | 3 | 3,840 | 3,840 SqFt |
| 855 53rd Street, Brooklyn, NY, 11220 | $1,900,000 | -- | 2 | 2,000 | 2,000 SqFt |
| 853 53rd Street, Brooklyn, NY, 11220 | $1,900,000 | -- | 2 | 2,000 | 2,000 SqFt |
| 865 55th Street, Brooklyn, NY, 11220 | $2,480,000 | 7 | 2.5 | 2,080 | 2,080 SqFt |
| 729 47th Street, Brooklyn, NY, 11220 | $1,680,000 | -- | 2.5 | 2,146 | 2,146 SqFt |
| 762 50th Street, Brooklyn, NY, 11220 | $1,990,000 | 7 | 3.5 | 2,140 | 2,140 SqFt |
Similar Multifamily To 847 59th Street
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.
ByOwner last updated this listing 07/18/2026 @ 22:57
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