Skip To Content

774 59th Street

BROOKLYN, NY 11220
  • $7,500,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 503039
UPDATED: 170 min ago
$7,500,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,800
    SQFT
  • $1,103
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1923
Area:

School Ratings & Info

Description

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

Monthly Payment Calculator



© 2026 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2026-09-08T00:00:16.777.
www.movetonewjersey.com/homes/178907213
Print Image

774 59th Street BROOKLYN, NY 11220

  • Price: $7,500,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 170 min ago
  • MLS #: 503039
0
Beds
0
Baths
0
½ Baths
0.05
Acres
6,800
SQFT
$1,103
$/SQFT
1923
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Sunset Park
Property Description
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
Exterior Features

Building Length 74.00 Building Width 20.00 Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 100 Lot Size Width 20 Parking Feature None Roof Flat

Interior Features

Basement Amenities Full Building Footprint Sq Ft 1480 Ceiling Height 8-10 Foot Commercial Features Interior Elevator – Public Equipment Included None Flooring Tile Foundation Details Poured Concrete Heat Delivery Baseboard Lavatories UnknownNone Walls Block

Property Features

ACUnits 0 Block 866 Commercial Condo 0 Construction Type Attached Cross Street Name 8th Ave Cross Street Name2 7th Ave Current Use Office Electric 110 V220 V Financing 1031 ExchangeBank MortgageCashOwner Heating Fuel Gas Insurance Expense 10673.00 Lot Number 38 Lot Size Irregular YN 0 Miscellaneous Expense 8172.00 Number Of Stores 7 Potential Use Office Property Sub Type Commercial Property Type Commercial Sale Type Arm's Length Tax Amount 64261.00 Transaction Type Sale Utilities Gas Utility Expense 2400.00 Zoning R6

Listing information © 2026 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of RE/MAX Edge: (718) 612-3088.


© 2026 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2026-09-08T00:00:16.777.
 
https://bt-photos.global.ssl.fastly.net/brooklyn/orig_boomver_1_503039-2.jpg https://bt-photos.global.ssl.fastly.net/brooklyn/orig_boomver_1_503039-2.jpg https://bt-photos.global.ssl.fastly.net/brooklyn/orig_boomver_1_503039-2.jpg
Logo
Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527