847 59th St
Listing Notes
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
Price in context
Cheaper than 14% of the 7 homes listed nearby right now, which run $3,100,000 to $5,900,000.
See all 7 nearby listings
| Address | Asking | Size |
|---|---|---|
| 5305 7th Ave | $3,100,000 | 6 bd · 3 ba |
| 875 59th St | $3,299,000 | 8 bd · 4 ba |
| 933 56th St | $3,300,000 | 12 bd · 6 ba |
| 970 52nd St | $3,400,000 | 10 bd · 7 ba |
| 826 59th St | $3,500,000 | 8 bd · 4 ba |
| 5313 6th Ave | $5,180,000 | 18 ba |
| 828 51st St Lot 16 | $5,900,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more
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