Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
613 E 59th Street
Closed For Sale Multi Family

$995,000

$369 per sq ft

613 E 59th Street

East Flatbush, Brooklyn

MLS® #RLS20071050

RLS at REBNY

Listing by Nest Seekers LLC

7

Bedrooms

4

Baths

2,700

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 7
Bathrooms 4
Living Area 2,700 sq ft
Lot Size 2,000 sq ft
Year Built 1960
Ownership None
Property Taxes $9,359/yr
Neighborhood East Flatbush

Property Highlights

  • Outdoor Space: Balcony
  • Style: WalkUp architecture

Property Details

Type Multi Family
Ownership None
Total Rooms 14
Baths 4 Full
Pets Yes
Cross Street Foster Avenue/Farragut Road
Year Built 1960
Living Area 2,700 sq ft
Architectural Style WalkUp
Structure Type MultiFamily
Lot Size 2,000 sq ft
Parcel # 07955-0082
Block/Lot 7955/0082

Listing History

Event Date Price Change
Listed Feb 8, 2026 $1,100,000 -
Currently May 29, 2026 $995,000 -9.5%

Description

613 E 59th Street is a fully vacant two-family property , offering a rare turnkey opportunity for investors or end users seeking flexibility and strong upside in Brooklyn. The property features a spacious 4-bedroom unit and a separate 2-bedroom unit plus fully finished basement with separate entrance allowing for multiple income strategies including market-rate rentals , house hacking , or future repositioning . With both units delivered vacant, buyers can immediately renovate, lease, or occupy without tenant restrictions. The layout and unit mix support solid rental demand, while the vacant delivery allows for maximum rental potential and value-add opportunities . Conveniently located near transportation, shopping, and neighborhood amenities, this property is well-positioned for long-term appreciation.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Balcony Private Outdoor Space Under60 Sqft Balcony

Building Information

Building Data View Compliance & Permits
Stories 3
Structure MultiFamily
Style WalkUp

Financial Details

RE Taxes $9,359/yr ($780/mo)
Original Price $1,100,000
Sale Price $995,000
Previous Price $1,100,000

East Flatbush is a largely residential Brooklyn neighborhood characterized by tree-lined streets and rows of early 20th-century brick homes, including single-family houses, semi-detached two-families, and small apartment buildings. The 2 and 5 trains serve the area at Church Avenue, Beverly Road, and Newkirk Avenue stations, connecting residents to Downtown Brooklyn and Manhattan. Lincoln Terrace Park provides recreational space along the neighborhood's northern edge.

East Flatbush Live Market Data

View Neighborhood

Active Listings

34

Median Asking Price

$725K

Median $/Sqft

$520

Avg Days on Market

N/A

New This Week

4

Price Reduced

15%

Sold (30 Days)

2

Median Sale Price

$681K

Live data from RLS at REBNY • Updated 5/29/26, 7:36 PM EST

Similar Listings in East Flatbush

View All

Location

Loading map...

613 E 59th Street, East Flatbush, Kings County • Near Foster Avenue/Farragut Road

Building Information

Official NYC property records for this building

1960
Year Built
66 years old
3
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $60,780
Land Value: $10,080
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 2,700 SF
Built FAR: 1.35
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $9,359, or roughly $780 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 4 full bathrooms.

The listed interior living area is 2,700 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1960, making it approximately 66 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $995,000 for 2,700 sq ft, the asking price per square foot is approximately $369. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20071050
First Listed: 2/9/2026
On Market: 2/8/2026
Price Changed: 2/20/2026
Closed: 3/8/2026
Contract Date: 2/8/2026

Listing Courtesy of Nest Seekers LLC - Joseph Alvarez

Listing Contact: (917) 818-5080

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/29/2026 at 11:36 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton