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DOE-Approved Daycare Center Condo
For Sale
$3,650,000

1759 Bay Ridge Parkway, Brooklyn, NY 11204

COMMERCIAL - Brooklyn, NY

Property Size5,143 SF
Lot Size0.18 Acres
Price / SF$709.70
Days on Market185

Property Features for 1759 Bay Ridge Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Basement Full
Subdivision Bensonhurst
Standard status Active
Size 5,143 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 24278

Building Details

Year built 2017
Floors in Building 3
Flooring type Hardwood, Ceramic
Building materials Brick, Steel
Roof type Rubber
Listing Agency: Keller Williams Realty Empire
Listed By: Herng-Hwa L. Sheu
Added: Jan 27 Changed: Jul 30 Last Checked: Jul 31 at 6:06PM
MLS# 498256

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.

This newly built community facility condo is DOE-approved for a 128-student daycare center (UPK C/O). The interior includes 7 large classrooms, 7 restrooms, and an open office with kitchenette. The first floor offers 5,400 SF, with an additional 800 SF in the basement. There is approximately 800 SF of playground area on the side.

The property is currently leased under a triple net structure with 5+5 terms, starting 10/01/2024, with a 3% increase annually. The lease is described as currently in place with a stated 5.27 cap rate.

Built with brick and steel construction and a rubber roof, the space includes hardwood and ceramic flooring. The site totals 0.1837 acres and is located in the 18th Ave. shopping corridor of Bensonhurst, Brooklyn.

Key Highlights

  • DOE‑approved 128‑student daycare center (UPK C/O)
  • 7 large classrooms and 7 restrooms plus open office with kitchenette
  • 5,400 SF first floor and 800 SF basement

Property Analytics

Current Use

Day care centers

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,723
Businesses Nearby
Balanced
Demand for This Use

Demographics for 11204, NY

85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • P.S. 200 Benson School — 1940 Benson Ave, Brooklyn, NY 11214
  • YMCA Prospect Park Virtual Y @ PS 200 — 1940 Benson Ave, Brooklyn, NY 11214

Frequently Asked Questions

What type of property is this?
Day care center - DOE-approved for 128 students and leased under triple net 5+5 terms starting 10/01/2024 with annual increases.
Where is this day care center located?
The property is located at 1759 Bay Ridge Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: DOE‑approved 128‑student daycare center (UPK C/O); 7 large classrooms and 7 restrooms plus open office with kitchenette; 5,400 SF first floor and 800 SF basement
More about this property
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