For Sale
$1,150,000

867 53Rd St Brooklyn, NY 11220

Prime Brooklyn location, 1,439 SF, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1,439 square foot commercial condominium is situated in the desirable Sunset Park neighborhood of Brooklyn, New York. Located at 867 53rd Street, this new construction office space is part of an elevator building and boasts a private balcony. The unit is currently leased for $4,900 per month with a three-year lease in place, providing immediate income potential for the new owner. The property sits on a 2,850 square foot lot and features ceiling heights ranging from 8 to 10 feet. A significant advantage is the 15-year tax abatement currently in effect, resulting in exceptionally low annual property taxes of only $730.56. Monthly common charges are $587.98. Owner financing is available with a 40% down payment and a 6% interest rate, allowing for a quick closing within 30 days. The asking price for this turnkey investment opportunity is $1,150,000. The seller is open to considering all reasonable offers. This property presents a rare chance to acquire a well-located, income-producing asset in a thriving Brooklyn business district. Don't miss this opportunity to own a piece of prime 8th Avenue real estate.

Highlights

  • $1,150,000 asking price.
  • 1,439 SF office condo.
  • Located at 867 53rd Street, Brooklyn, NY 11220.
  • Features a private balcony and 8-10 foot ceilings.
  • Includes a 15-year tax abatement with current annual taxes of $730.56 and monthly common charges of $587.98.

Property Details for 867 53Rd St

Property type
Office properties
Square Feet
1,439 SF
Units
1

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6385246
Longitude
-74.0036821

FAQs

What type of property is this?
Office property - Prime Brooklyn location, 1,439 SF, great investment.
Where is the office property located?
The property is located at 867 53Rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: $1,150,000 asking price.; 1,439 SF office condo.; Located at 867 53rd Street, Brooklyn, NY 11220.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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867 53Rd St
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