Sunset Park Commercial Condo
867 53rd Street Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
Property size:
1,439 SFLot size:
0.07 AcresPrice / SF:
$799/SF- Added:
- Apr 2, 2026
- Days on Market:
- 100
- Last Refresh:
- Jul 10 at 5:06 pm
Property Features for 867 53rd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R6
- Standard status
- Active
- Size
- 1,439 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 731
Building Details
- Year built
- 2023
- Number of units
- 1
- Building materials
- Brick
Listing agent Yan Mei (Jamie) Zheng (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Apr 2, 2026
MLS# 500176
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located in Sunset Park, Brooklyn, this commercial condominium unit is situated on the third floor of an elevator building. The unit spans 1,439 square feet and is currently occupied by a tenant operating a Barre Dance Center. The property generates an estimated gross annual income of $62,400. The building is in excellent condition and benefits from a 15-year tax abatement and low monthly common charges of $588. Owner financing is available at a 6% rate, with the possibility of closing. The property is zoned R6. This investment allows for immediate rent collection upon closing. Buyers have the option to purchase all units together. The lot size is 0.0654 acres.
Key Highlights
- Immediate Rental Income: Collect rent upon closing with an existing tenant.
- Strong Income Generation: Estimated gross annual income of $62,400.
- 15‑Year Tax Abatement: Significant tax savings for the next 15 years.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Times English tutoring ...
Training Center
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FAQs
What type of property is this?
Fitness center & gym - Commercial condo in Sunset Park with tenant in place.
Where is this fitness center & gym located?
The property is located at 867 53rd Street 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: Immediate Rental Income: Collect rent upon closing with an existing tenant.; Strong Income Generation: Estimated gross annual income of $62,400.; 15‑Year Tax Abatement: Significant tax savings for the next 15 years.
