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880 60Th St, Unit 1A Brooklyn, NY 11220

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For Sale
$4,280,000

Two-level commercial condo in Sunset Park with long-term tenant.

Lot size:
0.09 Acres

Property Features for 880 60Th St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.09 Acres

Building Details

Year built
2000

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Listing Contact
Li Li
Source: Elliman

Listing Agent: Li Li

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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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

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

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

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  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-74.007846
Latitude
40.634389

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.
More about this property
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