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Daycare Center Condo

1759 Bay Ridge Parkway # 1, Brooklyn, NY 11204

For Sale
$3,650,000

DOE approval covers a 128-student UPK program, and the premises are currently leased on a triple-net basis.

Property Size5,143 SF
Price / SF$709.70
Days on Market123

Property Features for 1759 Bay Ridge Parkway # 1

General Information

Standard status Active
Size 5,143 SF
Property subtype Commercial
Zoning R5

Additional Details

Cap Rate 5.27%
Tenant in Place Yes

Amenities

playground
Poured Concrete
5+
Ceramic,Hardwood
4+
1
5143
Full,Separate Entrance
Kitchen,Restrooms - Staff
8000
Other
80
2 Spaces
100
Yes

Building Details

Year Built 2022
Stories 2
Tenancy Single
Listing Agency: Citi Star Inc
Listed By: Susanna Yuen
Source: Suitsre
Added: Jul 15 Changed: Nov 11 Last Checked: Nov 13 at 4:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citi Star Inc

Rey
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Investment Insights

Based on property information with market context.

Built in 2022, this daycare facility condo is approved by the DOE for a 128-student UPK program. The layout includes seven classrooms, seven restrooms, an open office with a kitchenette, and a separate-entry basement. An approximately 800-square-foot playground is situated alongside the building. The property is zoned R5.

The property is currently leased under a triple-net structure with an initial five-year term and a five-year renewal option. The lease provides for annual increases of 3%. Located in Bensonhurst, Brooklyn, the facility sits in the 18th Avenue shopping corridor.

Key Highlights

  • DOE‑approved UPK daycare capacity for 128 students
  • Seven classrooms and seven restrooms
  • Approximately 800‑square‑foot playground beside the building

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

3,822
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

Market

Average Price Trend$/SF for Day care centers in Brooklyn, NY

$617 Jul
$583 Aug
$629 Sep
$643 Oct

Properties on Market for Day care centers in Brooklyn

Jul
Aug
Sep
Oct

Similar Off Market Nearby

  • Taranto First Step Early Childhood Center - HeartShare Human Services of New York — 1825 Bath Ave, Brooklyn, NY 11214
  • PTA Benson Elementary School — 1940 Benson Ave, Brooklyn, NY 11214
  • P.S. 200 Benson School — 1940 Benson Ave, Brooklyn, NY 11214
  • YMCA Prospect Park Virtual Y @ PS 200 — 1940 Benson Ave, Brooklyn, NY 11214
  • My A+ Kids — 8520 20th Ave, Brooklyn, NY 11214

Frequently Asked Questions

What type of property is this?
Day care center - DOE approval covers a 128-student UPK program, and the premises are currently leased on a triple-net basis.
Where is this day care center located?
The property is located at 1759 Bay Ridge Parkway # 1 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 UPK daycare capacity for 128 students; Seven classrooms and seven restrooms; Approximately 800‑square‑foot playground beside the building
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