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    767 60Th St Brooklyn, NY 11220

    For Sale
    $3,800,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    4,500 SF
    Lot size:
    0.06 Acres
    Days on Market:
    326
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 767 60Th St

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R6B
    Size
    4,500 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1924
    Floors in Building
    2
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Tiger Realty (917) 708-9966

    Listing agent Hang (Tyler) Chen (917) 708-9966

    Listing date Jan 14, 2025

    MLS# 487941 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

    Renovated Mixed-Use Brooklyn Property

    This newly renovated, semi-detached mixed-use property is located in Brooklyn, NY. The property is zoned R6B and includes a community space and two family units. The first-floor community space generates $6,500 per month. The second floor features two apartments, each with 3 bedrooms and 2 bathrooms; the front apartment rents for $2,700 per month, and the rear apartment rents for $2,800 per month. The property offers a 5% rate of return. The building has a total size of 4,500 square feet and is situated on a lot of approximately 0.057 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    发达会计 Accounting Firm

    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
    -74.009873
    Latitude
    40.635994

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    FAQs

    What type of property is this?
    Mixed-use property - Newly renovated mixed-use property in Brooklyn with income-generating potential.
    Where is this mixed-use property located?
    The property is located at 767 60Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - High Rental Income: $6,500/month from the 1st-floor commercial space.; - Strong Rate of Return: Enjoy a solid 5% rate of return.; - Newly Renovated: This property has been recently renovated.
    (917) 708-9966
    Request Owner's contact information
    767 60Th 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
    767 60Th St Brooklyn, NY 11220
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