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859 53rd Street

859 53rd Street, Brooklyn, NY 11220
Property in Sunset Park
4 Units
1 Units For Sale
Unit for sale at 859 53rd Street, Brooklyn, NY 11220

$3,380,000

  • Studio
  • 8 Baths
  • 4,330 ft²
859 53rd Street, Brooklyn, NY 11220 Listing by Mingqin Sun

The building on the property was first built in 1965 and is 59 years old. The building has a total of 4 stories. The linear feet between the front and back of the lot is 100 ft and across the front of the lot is 20 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The total value of the property was assessed at $350,550. Specifically, the land the property is located on was valued at $45,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1965
  • First Altered Year: 2016
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 4
  • Residential Unit Count: 4
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 2,003
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 20
  • Building Depth: 57
  • Building Frontage: 20
  • Gross Building Area: 4,330

    Building Floor Area

  • Residential Building Floor Area: 4,330

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: C3
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: E

Neighborhood

  • Community District: 312
  • City Council District: 38
  • Police Precinct: 66
  • Fire Company: L114
  • Health Area: 6700
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1C
  • School District: 20

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5658
  • Lot: 54
  • Borough Block Lot: 3056580054

    Address

  • Full Address: 859 53 Street
  • Zip Code: 11220

Valuation

    Assessments Valuation

  • Assessed Total Value: $350,550
  • Assessed Land Value: $45,000

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About South Brooklyn



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Frequently Asked Questions

What neighborhood is 859 53rd Street located in?
The 859 53rd Street is a located in the neighborhood of Sunset Park in South Brooklyn, Brooklyn.
How many listings are currently for sale in 859 53rd Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 859 53rd Street?
The average sales price for units in 859 53rd Street is $3,380,000 , or $781/sqft. currently.

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