880 60Th St, Unit 1A Brooklyn, NY 11220
Property Features for 880 60Th St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.09 Acres
Building Details
- Year built
- 2000
Source:
Elliman
Listing Agent: Li Li
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Brooklyn Commercial Condo with Tenant
Located in Brooklyn's 8th Avenue corridor, this two-level commercial condominium offers an opportunity to acquire an asset with a long-term tenant. Currently leased to a daycare center, the property generates a 6.5% cap rate. The unit spans approximately 4,785 square feet across two floors. The ground level features three classrooms, an administrative office, and two restrooms. The second level offers two additional classrooms, two restrooms, a full kitchen, a storage room, and a spacious outdoor playground located on the second-floor terrace. Each classroom is equipped with split-unit air conditioning, and ceiling heights throughout are approximately 8 to 8.5 feet. A separately deeded parking space is also available for purchase. The property is being sold with a long-term lease in place, providing income from a tenant. Situated in one of Brooklyn’s commercial districts, the property benefits from local demand and accessibility. The N train is a short distance away, and multiple bus lines serve the area. This is an opportunity for investors seeking cash flow in a location.
Location Intelligence
Current Use by Public Records
Star America Pre-School
High School
Similar Places Nearby
Little Sprouts Bay Ridge Day Care LLC., The Tot Spot Family Daycare, District 20 Pre-K Center @ 7415 Fort Hamilton Parkway, HeartShare St. Vincent's Services @ McKinley I.S. 259 Beacon Program, Tender Loving Care Family Day
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.007846
- Latitude
- 40.634389
Nearby Similar for Sale
FAQs
What type of property is this?
Day care center - Two-level commercial condo in Sunset Park with long-term tenant.
Where is this day care center located?
The property is located at 880 60Th St, Unit 1A Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,280,000.
What are key features of this property?
This property features: - High 6.5% Cap Rate, significantly exceeding the area average.; - Long-term lease in place with a stable, established daycare tenant, providing steady income.; - Prime location in the heart of Brooklyn's thriving 8th Avenue commercial corridor.
