863 59th Street, Brooklyn
Two-family · built c. 1925 · Block 5700, Lot 53.
Building permits
- Alteration, filed Feb 19, 2024, estimated cost $36K, described as “Installation of solar PV system. No change to use, egress, or occupancy.”
- Alteration, filed Jun 26, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the NYC building code 2022. No change in use, occupancy, or egress under this application.”
- Major Renovation — Enlargement, filed Mar 4, 2022, estimated cost $775K, 3 units added, 4 stories, described as “Proposed enlargement on a 2 story building. Obtain new c of o.”
Property taxes
- Assessment
- $109,380
- 2026–27 tax
- $7,184
- Market value (city estimate)
- $1,823,000
- Taxable value
- $49,685
- Assessed land
- $23,820
- Assessed improvements
- $85,560
Tax breaks
- Solar abatement, through Jun 30, 2028, a $2,675 credit this tax year.
Zoning
R6: floor area ratio 0.88 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 16, 2021: $1,750,000
Open-market sales since 2016, from the Department of Finance’s sales files.