Kings  »  11220  »  E 59th St  »  405 E 59th St

405 East 59th Street, Brooklyn, NY 11220 - Property report

Also known as: 405 E 59th St

Property image for 405 East 59th Street, Brooklyn, NY 11220
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1960

Lot sq. ft.

9,400

General information

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Address
Primary address
405 East 59th Street
Alternate address(es)
405 59th St
405-411 E 59th St
5902 Ab Ditmas Ave
ZIP code
11220
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
07932-0088

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
9,400
Building dimensions
94 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1960
Building material
Tax
Tax year
2026-2027
Property tax
$41,962
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
94 ft x 100 ft
Lot sq. ft.
9,400

Area overview

Walk score
83 /100.  Very Walkable
Transit score
75 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
18
Community district
7
Closest police station
0.85 Miles
Closest fire station
0.61 Miles

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

Ownership information for 405 East 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 405 East 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
06/08/2026 - R Initial UCC1
(2026060100649006)
XXXXXXX XXXXXXX XXX XXXXXXXX XXXX
06/08/2026 - R
05/27/2026 - D
Assignment of Leases and Rents
(2026060100649005)
XXXXXXX XXXXXXX XXX XXXXXXXX XXXX
06/08/2026 - R
05/27/2026 - D
Agreement
(2026060100649004)
XXXXXXXX XXXX XXXXXXX XXXXXXX XXX
06/08/2026 - R
05/27/2026 - D
Mortgage
(2026060100649003)
XXXXXXX XXXXXXX XXX XXXXXXXX XXXX
06/08/2026 - R
05/27/2026 - D
Assignment, Mortgage
(2026060100649002)
XXXXXXXXXX XXXX XXXXXXXX XXXX
06/08/2026 - R
05/27/2026 - D
Termination of Assign of L&R
(2026060100649001)
XXXXXXXXXX XXXX XXXXXXX XXXXXXX
06/16/2021 - R
05/26/2021 - D
Assignment of Leases and Rents
(2021060900016003)
XXXXXXX XXXXXXXX XXX XXXXXXXXXX XXXX
06/16/2021 - R
05/26/2021 - D
Agreement
(2021060900016002)
XXXXXXX XXXXXXXX XXX XXXXXXXXXX XXXX
06/16/2021 - R
05/26/2021 - D
Mortgage
(2021060900016001)
XXXXXXX XXXXXXXX XXX XXXXXXXXXX XXXX
03/30/2016 - R Initial UCC1
(2016022500023007)
XXXXXXX XXXXXXXX XXX XXXXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 405 East 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
$41,962
Municipal exemptions
Recent tax assessments
Market value
$1,041,000
Assessed value
$468,450

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 $1,015,000 $456,750 $353,660 10.848% $38,365 $38,365 +7.52%
2024/25 $971,000 $436,950 $331,560 10.762% $35,682 $35,682 +9.22%
2023/24 $743,000 $334,350 $308,430 10.592% $32,669 $32,669 +2.21%
2022/23 $694,000 $312,300 $300,240 10.646% $31,964 $31,964 +17.52%
2021/22 $562,000 $252,900 $252,900 10.755% $27,199 $27,199 -14.54%
2020/21 $714,000 $321,300 $297,620 10.694% $31,827 $31,827 +6.22%
2019/20 $714,000 $321,300 $284,360 10.537% $29,963 $29,963 +5.12%
2018/19 $652,000 $293,400 $271,100 10.514% $28,503 $28,503 +4.50%
2017/18 $638,000 $287,100 $259,420 10.514% $27,275 $27,275 +0.72%
2016/17 $679,000 $305,550 $256,110 10.574% $27,081 $27,081 +1.81%

Permit information for 405 East 59th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/13/1995 Alteration type 1

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
4

Subway & traffic

Closest station
Glenwood Rd & Rockaway Pkwy at NW Corner
Station lines
L
Distance (miles)
0.956

Access the detailed traffic volume map for 405 East 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 405 East 59th Street, Brooklyn, NY 11220?

The development at 405 East 59th Street, Brooklyn, NY 11220 was built in 1960.

What is the market value of 405 East 59th Street, Brooklyn, NY 11220?

The current market value of 405 East 59th Street, Brooklyn, NY 11220 is $1,041,000.

What is the total square footage of 405 East 59th Street, Brooklyn, NY 11220?

405 East 59th Street, Brooklyn, NY 11220 has a total of 9,400 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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