774 59th Street Brooklyn, NY $ 7,500,000
774 59th Street
$ 7,500,000
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774 59th Street

Brooklyn, NY, 11220
$ 7,500,000
Bedrooms-- Baths-- Sq 6,800

Monthly Estimate*

$ 47,356

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Commercial Property for sale in Brooklyn, NY

for $7,500,000. This 6,800 square foot building was built in 1923 on a lot size of 0.045914.

Prime 8th Avenue and 59th Street Location! Exceptional commercial investment opportunity in the heart of Brooklyn's thriving Chinatown, Sunset Park! Located just off the highly desirable and bustling 8th Avenue commercial corridor, this well-positioned four-story commercial building offers excellent visibility, outstanding foot traffic, strong local businesses and strong income with high net returns. The first floor features a restaurant, while the second, third, and fourth floors each offer two office suites, providing a total of six office spaces above the commercial unit. Situated in one of Brooklyn’s most vibrant business districts, the property enjoys heavy foot traffic, convenient public transportation, and close proximity to shopping, restaurants, and neighborhood amenities. An outstanding opportunity for investors or owner-users seeking a prime commercial property in a high-demand location. This building has a very High income and a very low maintenance. Please call for the incomes and expenses breakdowns

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Commercial Active

Price

$ 7,500,000

Property Type

Commercial

Taxes

$ 64,261

Style

Commercial

Lot Size

0.045914

Year Built

1923

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

503039

Features
General
Equipment Included None
Utilities Gas
Ceiling Height 8-10 Foot
Roof Flat
current use Office
Zoning R6
Electric 110 V 220 V
Property Type Commercial
Block 866
Yearly Taxes 64261.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash Owner
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 6
MLS Area Sunset Park
Sub Type Commercial
Year Built 1923
City Brooklyn
DOM 6
Public Remarks Prime 8th Avenue and 59th Street Location! Exceptional commercial investment opportunity in the heart of Brooklyn's thriving Chinatown Sunset Park! Located just off the highly desirable and bustling
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Interior
Heating Fuel Gas
Walls Block
Flooring Tile
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Exterior
Exterior Brick
Foundation Poured Concrete
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Edge

Broker

(929) 291-9897

Phone

Affordability Calculator

$52,711
Per Month
90%
10%
0%
Monthly Principal & Interest
$47,356
Monthly Property Taxes
$5,355
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$7,500,000 Listed Price

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774 59th Street, Brooklyn, NY, 11220 is a Commercial Property for sale at $7,500,000 with 6,800 sqft and a lot size of 0.045914. 774 59th Street was built in 1923. The property's zip code is 11220 which is in Brooklyn, NY