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    720 57Th St Brooklyn, NY 11220

    For Sale
    $1,088,000

    Commercial - Brooklyn, NY

    Property size:
    1,288 SF
    Lot size:
    0.28 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 720 57Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    r6
    Size
    1,288 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Ashford Homes LLC (929) 364-1301

    Listing agent Raymond Ng (929) 364-1301

    Listing date Aug 24, 2025

    MLS# 495232 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Commercial Condo For Sale

    This commercial condominium is located in the Sunset Park neighborhood of Brooklyn, New York. The property is currently leased to an adult recreational center for $4,000 per month. The unit has a size of 1,288 square feet and is situated on a lot of approximately 0.28 acres. The zoning is classified as R6.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brooklyn Elite Center ... Kindergarten apartment Hotel Brooklyn Asian Civilian ... Public Safety Office

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.009567
    Latitude
    40.637982

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    FAQs

    What type of property is this?
    Retail space - Commercial condo in Sunset Park, currently leased to recreational center.
    Where is this retail space located?
    The property is located at 720 57Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,088,000.
    What are key features of this property?
    This property features: - Prime Sunset Park location; - Commercial condo; - Currently leased, providing immediate income
    (929) 364-1301
    Request Owner's contact information
    720 57Th St Brooklyn, NY 11220
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    Brooklyn, NY 11220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 57Th St Brooklyn, NY 11220
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