For Sale
$1,150,000

867 53Rd St Brooklyn, NY 11220

Prime Brooklyn Office, 1439 SF

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This 1,439 square foot commercial condominium in Brooklyn's Sunset Park offers a fantastic investment opportunity. Located at 867 53rd Street, this new construction unit boasts an 8-10 foot ceiling height, a private balcony, and is situated in an elevator building. The property sits on a 2,850 square foot lot and includes a 15-year tax abatement, resulting in low annual taxes of only $730.56 and a monthly common charge of $587.98. Currently leased for $5,000 per month, this versatile space is ideal for various uses, including medical offices, senior centers, daycare facilities, accounting firms, or travel agencies. Its convenient location near the N train/8th Avenue subway station, major banks, and a hospital makes it highly accessible. Owner financing is available with a 40% down payment and a 6% interest rate, allowing for a quick 30-day closing. The seller is open to reasonable offers. This property presents a rare chance to acquire a prime commercial space in the thriving 8th Avenue business district.

Highlights

  • Asking Price: $1,150,000
  • Property Type: 1,439 SF Commercial Office Condominium
  • Location: 867 53rd Street, Brooklyn, NY 11220 (Sunset Park)
  • Building Features: Elevator building, private balcony
  • Financial Incentives: 15-year tax abatement (current annual taxes: $730.56), owner financing available (40% down, 6% interest).

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 Office, 1439 SF
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: Asking Price: $1,150,000; Property Type: 1,439 SF Commercial Office Condominium; Location: 867 53rd Street, Brooklyn, NY 11220 (Sunset Park)
How can I contact the broker?
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867 53Rd St
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