Prime investment opportunity with ability to turn property into a legal 2-3 family with a 1.25 residential FAR and allowed usable 2,812 square feet available on a 22.5 ft x 100 ft lot. Current exiting structure offers a three-story home with a separate one bedroom apartment in the basement. The main home offers a three bedroom, two bathroom living space. Vibrant and bustling Flatbush, Brooklyn location with two blocks away from busy Kings Highway, three blocks from Linden Blvd, and one block from Ralph Avenue. You have the 2,3, and 4 trains just 8 blocks away at Saratoga Avenue and the L train at New Lots Avenue. A plethora of dining and shopping options litter the entire surrounding area.
Sold for $605,000
$605,000
53 E 59th St, Brooklyn, NY 11203
6beds
3,000sqft
SingleFamily
Built in 1920
2,250 Square Feet Lot
$933,300 Zestimate®
$202/sqft
$4,954 Estimated rent
Home value
$933,300
$887,000 - $980,000
$4,954/mo
Zestimate® history
Owner options
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$4,954/mo
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$4,954/mo
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$3,762/mo
Est. payment
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$3,762/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Dishwasher, Dryer, Washer
Interior area
- Total interior livable area: 3,000 sqft
Property
Lot
- Size: 2,250 Square Feet
Details
- Parcel number: 046850044
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1920
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $834,000
- Annual tax amount: $6,908
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listing removed | $955,000$318/sqft |
Source: | ||
| 8/4/2026 | Price change | $955,000-3.3%$318/sqft |
Source: | ||
| 5/19/2026 | Listed for sale | $988,000+63.3%$329/sqft |
Source: | ||
| 1/26/2026 | Sold | $605,000-13.6%$202/sqft |
Source: Public Record Report a problem | ||
| 9/11/2021 | Listing removed | -- |
Source: | ||
| 2/16/2021 | Listed for sale | $700,000-11.3%$233/sqft |
Source: | ||
| 1/29/2021 | Listing removed | $788,888$263/sqft |
Source: StreetEasy Report a problem | ||
| 1/27/2021 | Price change | $788,888-7.2%$263/sqft |
Source: Corcoran Report a problem | ||
| 12/8/2020 | Listed for sale | $850,000+277.8%$283/sqft |
Source: Corcoran Report a problem | ||
| 12/1/2015 | Listing removed | $225,000$75/sqft |
Source: Gayman Hillaire #389877 Report a problem | ||
| 11/1/2015 | Listed for sale | $225,000$75/sqft |
Source: Gayman Hillaire #389877 Report a problem | ||
| 5/28/2015 | Listing removed | $225,000$75/sqft |
Source: Gayman Hillaire #389877 Report a problem | ||
| 11/26/2014 | Listed for sale | $225,000$75/sqft |
Source: Gayman Hillaire #389877 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,908 +4.7% | $50,040 +26.6% |
| 2024 | $6,597 | $39,540 -4.5% |
| 2023 | -- | $41,400 +6.2% |
| 2022 | -- | $39,000 +12.1% |
| 2021 | -- | $34,800 +9.6% |
| 2020 | $6,141 +6% | $31,740 |
| 2019 | $5,793 +7.3% | $31,740 +22.9% |
| 2018 | $5,401 +8.8% | $25,821 +6% |
| 2017 | $4,966 | $24,360 -1.4% |
| 2016 | -- | $24,715 +0.8% |
| 2015 | -- | $24,528 +6% |
| 2014 | $967 | $23,140 +6% |
| 2013 | -- | $21,831 +6% |
| 2012 | -- | $20,596 |
| 2011 | -- | $20,596 +0.8% |
| 2010 | -- | $20,441 +6% |
| 2009 | -- | $19,284 +6% |
| 2008 | -- | $18,193 +6% |
| 2007 | -- | $17,164 |
| 2006 | -- | $17,164 +0.8% |
| 2005 | -- | $17,035 +6% |
| 2004 | -- | $16,071 +6% |
| 2003 | -- | $15,162 +6% |
| 2002 | -- | $14,304 |
| 2001 | -- | $14,304 +0.8% |
| 2000 | -- | $14,196 |
Find assessor info on the county website
Neighborhood: East Flatbush
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Nearby schools
GreatSchools rating
- 6/10Ps 244 Richard R GreenGrades: PK-5Distance: 0.4 mi
- 8/10Middle School of Media Law and Fine Arts (The)Grades: 6-8Distance: 0.5 mi
- 8/10Kurt Hahn Expeditionary Learning SchoolGrades: 9-12Distance: 0.4 mi