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Renovated Brooklyn Building with R6 Zoning
For Sale
$900,000

824 56th St Ground, Brooklyn, NY 11220

Newly renovated building with tax abatement, ideal for various businesses.

Property SizeContact for details
Days on Market107

Property Features for 824 56th St Ground

General Information

Standard status Active
Property subtype Commercial
Listing Agency: E House Realty & Mgt. Inc.
Listed By: Li (David) Zhu
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 7 at 6:03AM

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 House Realty & Mgt. Inc.

Investment Insights

Based on property information with market context.

This newly renovated building is located in Brooklyn, New York, and is zoned R6. The property is suitable for a variety of uses, including a tutoring center, clinic, law office, accounting firm, or community entertainment venue. The location is considered very walkable, with a walk score of 90, and is a rider's paradise, with a transit score of 95. The bike score is 62, indicating it is bikeable. The property benefits from a tax abatement.

Key Highlights

  • Excellent Transit Score (95): Rider's Paradise with exceptional public transportation.
  • Very Walkable Location (Walk Score 90): Enjoy convenient access to amenities and services on foot.
  • Newly Renovated Building: Offers a modern and updated space.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Veterinary Clinic

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

7,626
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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 - Newly renovated building with tax abatement, ideal for various businesses.
Where is this office units located?
The property is located at 824 56th St Ground Brooklyn, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Excellent Transit Score (95): Rider's Paradise with exceptional public transportation.; Very Walkable Location (Walk Score 90): Enjoy convenient access to amenities and services on foot.; Newly Renovated Building: Offers a modern and updated space.
More about this property
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