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    824 56Th St Brooklyn, NY 11220

    For Sale
    $1,150,000

    Commercial - Brooklyn, NY

    Property size:
    1,100 SF
    Lot size:
    0.05 Acres
    Days on Market:
    271
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 824 56Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R6
    Size
    1,100 SF
    Lot size
    0.05 Acres

    Building Details

    Roof type
    Flat
    Architectural style
    Other

    E House Realty & Mgt. Inc. (718) 680-2776

    Listing agent Xiaodan (Ivy) Xu (718) 680-2776

    Listing date Mar 10, 2025

    MLS# 489853 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

    Newly Renovated Brooklyn Commercial Building

    This newly renovated commercial building is located in Brooklyn, New York. The property has R6 zoning and a size of 1,100 square feet. The lot size is approximately 0.0459 acres. It is ideally suited for use as a tutoring center, clinic, law office, accounting firm, or community entertainment venue. The property also benefits from a tax abatement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    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
    -74.006735
    Latitude
    40.63719

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    FAQs

    What type of property is this?
    Office space - Renovated commercial building suitable for various professional uses.
    Where is this office space located?
    The property is located at 824 56Th 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: - Newly renovated building offers a fresh and modern space.; - R6 Zoning provides versatile usage options.; - Tax abatement offers potential cost savings.
    (718) 680-2776
    Request Owner's contact information
    824 56Th 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
    824 56Th St Brooklyn, NY 11220
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