For Sale
$1,150,000

867 53Rd StBrooklyn, NY 11220

Prime Brooklyn Office, 1,439 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1,439 square foot commercial condominium is situated in Brooklyn's desirable Sunset Park neighborhood. This new construction office space, part of an elevator building, boasts a private balcony and offers a unique investment opportunity. The unit is currently leased, generating a monthly income of $4,900. The low yearly property tax of $730.56 benefits from a 15-year tax abatement, and monthly common charges are $587.98. The property sits on a 2,850 square foot lot and features 8-10 foot ceilings. Owner financing is available with a 40% down payment and a 6% interest rate, allowing for a quick 30-day closing. The convenient location offers easy access to shopping, major banks, a hospital, and the N train/8th Avenue subway station. This prime 8th Avenue business district location presents a compelling investment opportunity. All reasonable offers will be considered. The asking price is $1,150,000.

Highlights

  • 1,439 SF commercial condo in Sunset Park, Brooklyn.
  • New construction office space in elevator building with private balcony.
  • Currently leased, generating $4,900/month in income.
  • Low yearly property taxes ($730.56) with 15-year abatement and $587.98 monthly common charges.
  • Owner financing available (40% down, 6% interest, 30-day close).
  • Prime 8th Avenue location near subway, shopping, and amenities.

Property Details for 867 53Rd St

Property type
Specialty properties, 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
867 53Rd St, Brooklyn, New York

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867 53Rd St
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