⚠️
This listing is no longer available
Find similar →
This property has been sold, rented, or removed from the market. The information below is kept for reference.
$5,500,000
Off Market
2 days on market
847 59th St
📍 Brooklyn, Brooklyn, NY 11220
4.0
Baths
2,072
Sqft
$2,654
Per sqft
1925
Year built
Land
Type
About this property
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
Show more
Amenities & features
Key facts
Combined lot
Legal 4-family
Prime location
Property details
Property typeLand
Listing statusOff Market
Lot size4,958 sqft
Year built1925
Days on market2 days
MLS #502701
Estimated monthly payment
Listing price$5,500,000
Down payment (20%)$1,100,000
Loan amount$4,400,000
Principal & interest (7%, 30yr)$29,273/mo
Property tax (est.)$5,348/mo
Home insurance (est.)$2,291/mo
Estimated total$36,912/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
