Kings  »  11220  »  59th St  »  705 59th St

705 59th Street, Brooklyn, NY 11220 - Property report

Also known as: 705 59th St

Property image for 705 59th Street, Brooklyn, NY 11220
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1927

Lot sq. ft.

8,000

General information

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Address
Primary address
705 59th Street
Alternate address(es)
5823 7th Ave
705-709 59th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00858-0001

Owner

Find out who owns 705 59th Street, Brooklyn, NY 11220. Uncover corporate and individual owners with a free account.

Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
38,500
Building dimensions
90 ft x 80 ft
Buildings on lot
1
Stories
5
Year built
1927
Building material
Tax
Tax year
2026-2027
Property tax
$197,526
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
34
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.17 ft x 80 ft
Lot sq. ft.
8,000

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
74 /100.  Very Bikeable
School district
20
Community district
7
Closest police station
0.59 Miles
Closest fire station
0.41 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 705 59th Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 705 59th Street, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/26/2011 - R UCC3 Termination
(2011071900171001)
XXXXX XXXXX X XXXXXXXX XXXXXXX XXXXXXXXXXX
07/25/2011 - R UCC3 Termination
(2011071900061001)
XXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
07/26/2011 - R
07/05/2011 - D
Termination of Assign of L&R
(2011071900269001)
XXXXX XXXXX X XXXXXXXX XXXXXXX XXXXXXXXXXX
07/26/2011 - R
07/04/2011 - D
Satisfaction of Mortgage
(2011071900354001)
XXXXX XXXXX X XXXXXXXX XXXXXXX XXXXXXXXXXX
05/26/2004 - R
05/07/2004 - D
Initial UCC1
(2004050701777001)
XXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
05/06/2004 - R
06/19/2003 - D
Assignment of Leases and Rents
(2004020700295005)
XXXXXXXX XXXXXXX XXXXXXXXXXX XXXXX XXXXX X
05/06/2004 - R
06/19/2003 - D
Mortgage
(2004020700295004)
XXXXX XXXXX X XXXXXXXX XXXXXXX XXXXXXXXXXX
12/27/1996 - R Initial UCC1
(3270005438427)
XXXXX XXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
07/30/2003 - R
12/12/1996 - D
Satisfaction of Mortgage
(2003061801420001)
XXXXXXX XXXXXXX XXXXX XXXXX X
04/27/1987 - R Satisfaction of Mortgage
(3330001260433)
XXXXX XXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 705 59th Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$197,526
Municipal exemptions
Recent tax assessments
Market value
$3,904,000
Assessed value
$1,756,800

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $3,910,000 $1,759,500 $1,466,190 12.439% $182,379 $182,379 +8.57%
2024/25 $3,664,000 $1,648,800 $1,343,880 12.5% $167,985 $167,985 +11.37%
2023/24 $3,423,000 $1,540,350 $1,206,463 12.502% $150,832 $150,832 +14.81%
2022/23 $2,743,000 $1,234,350 $1,071,001 12.267% $131,380 $131,380 +11.49%
2021/22 $2,551,000 $1,147,950 $963,136 12.235% $117,840 $117,840 +18.11%
2020/21 $2,474,000 $1,113,300 $813,330 12.267% $99,771 $99,771 +16.50%
2019/20 $2,055,000 $924,750 $686,610 12.473% $85,641 $85,641 +16.04%
2018/19 $1,833,000 $824,850 $585,180 12.612% $73,803 $73,803 +17.22%
2017/18 $1,455,000 $654,750 $495,000 12.719% $62,959 $62,959 +17.15%
2016/17 $1,220,000 $549,000 $416,880 12.892% $53,744 $53,744 +17.20%

Permit information for 705 59th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/20/2026 Alteration
12/30/2025 Alteration
09/17/2025 Alteration
02/27/2025 Alteration
02/13/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/07/2024 Aeuhaz1-fail to certify class 1 none
08/03/2021 Bench-failure to benchmark
11/03/2020 Bench-failure to benchmark

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 62nd St at NW Corner
Station lines
N
Distance (miles)
0.199

Access the detailed traffic volume map for 705 59th Street, Brooklyn, NY 11220 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 705 59th Street, Brooklyn, NY 11220?

The development at 705 59th Street, Brooklyn, NY 11220 was built in 1927.

What is the market value of 705 59th Street, Brooklyn, NY 11220?

The current market value of 705 59th Street, Brooklyn, NY 11220 is $3,904,000.

What is the total square footage of 705 59th Street, Brooklyn, NY 11220?

705 59th Street, Brooklyn, NY 11220 has a total of 38,500 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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