DOE-Approved Daycare Center
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
(718) 954-8400
Listed By:
Herng-Hwa L. Sheu
(917) 836-1050
Added: Jan 27
Changed: Jul 30
Last Checked: Jul 31 at 6:06PM
MLS# 498256
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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.
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,723
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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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