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740 59th Street, Brooklyn, NY 11220 Property Information

740 59th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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740 59th Street, Brooklyn, NY 11220 1
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Address

Primary address 740 59th Street
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00866-0024

Sales & Tax Overview for 740 59th Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 12/21/2005
Purchase price $710,000
Tax class
Estimated property tax $20,449

Lot & Building Information for 740 59th Street, Brooklyn

Lot sqft 2,003
Lot dimensions 20 ft x 100.17 ft
Building class Five to Six Families (C2) i
Building sqft 4,848
Building dimensions 20 ft x 80 ft
Buildings on lot 1
Stories 3
Year built 1916
Year last altered 1958
Construction type
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Zoning & Use for 740 59th Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 6
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 7
Closest police station 0.63 Miles
Closest fire station 0.47 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 740 59th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 740 59th Street, Brooklyn, NY 11220, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 740 59th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 740 59th Street, Brooklyn

What is the year built & the total sq. ft. for 740 59th Street, Brooklyn, NY 11220?

740 59th Street, Brooklyn, NY 11220 was built in 1916 and has a total of 4,848 square feet.

What is the assessed value of 740 59th Street, Brooklyn, NY 11220 and the property tax paid?

Assessed at $514,800, the tax amount paid for 740 59th Street, Brooklyn, NY 11220 is $20,445. For the next year, the tax amount for 740 59th Street, Brooklyn, NY 11220 is estimated at $20,449.

When was 740 59th Street, Brooklyn, NY 11220 last sold and what was the last sale price?

740 59th Street, Brooklyn, NY 11220 was last sold in 12/21/2005 for $710,000.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 740 59th Street, Brooklyn

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Property owner name for 740 59th Street, Brooklyn, NY 11220
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Building contacts for 740 59th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 740 59th Street, Brooklyn

Create a free account to view the complete sales history for 740 59th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/21/2005 $710,000

Title Documents for 740 59th Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
02/08/2018 - D
02/23/2018 - R
Satisfaction of Mortgage
(2018021401038001)
02/02/2018 - R UCC3 Termination
(2018013100943002)
02/02/2018 - R UCC3 Termination
(2018013100943001)
01/29/2018 - D
02/02/2018 - R
Assignment of Leases and Rents
(2018013100905002)
01/29/2018 - D
02/02/2018 - R
Mortgage
(2018013100905001)
04/12/2013 - R Initial UCC1
(2013041100797001)
04/05/2013 - D
04/30/2013 - R
Assignment of Leases and Rents
(2013041700348003)
04/05/2013 - D
04/30/2013 - R
Agreement
(2013041700348002)
04/05/2013 - D
04/30/2013 - R
Mortgage
(2013041700348001)
10/19/2010 - D
10/20/2010 - R
UCC3 Continuation
(2010101901458001)
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R: Recorded date
D: Document date

Property Taxes for 740 59th Street, Brooklyn

Access detailed property tax data for 740 59th Street, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $20,446
Estimated property tax: $20,449
Tax assessor's market value: $1,144,000
Assessed value: $514,800

Assessment History for 740 59th Street, Brooklyn

Here's the assessment & property tax history for 740 59th Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,144,000 $514,800 $164,369 12.439% $20,446 $20,446 +2.69%
2024/25 $1,025,000 $461,250 $159,285 12.5% $19,911 $19,911 +7.98%
2023/24 $1,142,000 $513,900 $147,489 12.502% $18,439 $18,439 +10.06%
2022/23 $1,427,000 $642,150 $136,569 12.267% $16,753 $16,753 +8.28%
2021/22 $1,587,000 $714,150 $126,460 12.235% $15,472 $15,472 -0.25%

Permits for 740 59th Street, Brooklyn

The complete history of permits filed for 740 59th Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
12/15/2025 Alteration
08/27/2025 Alteration
07/15/2025 Alteration
05/16/2024 Alteration
03/08/2024 Alteration
01/25/2024 Alteration
06/15/2023 Alteration
06/15/2023 Alteration
01/16/2013 Alteration type 2
12/28/2012 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 8th Ave & 62nd St at NW Corner
Station lines N
Distance (miles) 0.143
View subway map
Bus Routes
Name 60 ST/8 Av
Line B9
Distance (miles) 0.063

Neighbors for 740 59th Street, Brooklyn

Here are the neighbors for 740 59th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
754 59th St, Brooklyn 3,280 12/05/2013
770 59th St, Brooklyn 4,440 01/03/2008 $960,000
716 59th St, Brooklyn 3,597 12/31/2013 $1,025,000
750 59th St, Brooklyn 4,147 07/14/2008 $995,000
730 59th St, Brooklyn 4,848 08/27/2019
742 59th St, Brooklyn 4,848 06/02/2021 $1,750,000
748 59th St, Brooklyn 4,900 07/23/2018
752 59th St, Brooklyn 3,280 08/03/2023 $10
736 59th St, Brooklyn 4,848 12/27/1984
726 59th St, Brooklyn 1,872 07/29/2024
722 59th St, Brooklyn 2,560 11/20/2000
746 59th St, Brooklyn 4,848 07/14/2005
758 59th St, Brooklyn 4,995 11/20/2020
720 59th St, Brooklyn 2,480 05/04/2006 $280,000
734 59th St, Brooklyn 4,848 08/09/1989
728 59th St, Brooklyn 4,848 06/01/2009
724 59th St, Brooklyn 1,872 08/08/2022
762 59th St, Brooklyn 23,013 02/21/2003 $570,500
760 59th St, Brooklyn 6,317 11/21/2025
738 59th St, Brooklyn 5,666 12/18/2006
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