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Medical Office Condo Building
For Sale
$1,295,000

5-828 57th St, Brooklyn, NY 11203

Brand-new office/medical condo within Sunset Park Commercial Condos, offered for sale or rent with 25 years of tax abatement.

Property SizeContact for details
Days on Market141

Property Features for 5-828 57th St

General Information

Standard status Active
Listing Agency: E Realty International Corp
Listed By: Lin Guo · License #10401304356
Source: Exprealty
Added: Mar 21 Changed: Jul 28 Last Checked: Aug 7 at 11:12AM

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 E Realty International Corp

Investment Insights

Based on property information with market context.

This newly developed building in Sunset Park Commercial Condos offers office and medical space in a brand-new condo format. The property is presented as a strong fit for office or medical use, and it includes 25 years of tax abatement.

The location is described as right next to 8th Ave in Brooklyn, with nearby transportation including the N train and the B70 bus. The area also offers access to local supermarkets and restaurants.

Available for sale or rent, this commercial condo building at 5-828 57th St is positioned to support an office or medical operation from day one, with the added benefit of the stated tax abatement period.

Key Highlights

  • Newly developed office/medical condo in Sunset Park Commercial Condos, offered for sale or rent
  • 25 years of tax abatement
  • Located next to 8th Ave in Brooklyn

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Parking Lot & Garage Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

3,756
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Brand-new office/medical condo within Sunset Park Commercial Condos, offered for sale or rent with 25 years of tax abatement.
Where is this office units located?
The property is located at 5-828 57th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Newly developed office/medical condo in Sunset Park Commercial Condos, offered for sale or rent; 25 years of tax abatement; Located next to 8th Ave in Brooklyn
More about this property
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