828 57Th St, Brooklyn, NY 11220
For Sale
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This exceptional commercial condo, located at 828 57th Street, Unit 4 in Brooklyn, NY 11220, presents a fantastic investment opportunity. The 1,625 square foot space is situated on the second floor of a new building in the vibrant Sunset Park neighborhood. Boasting an 8-10 foot ceiling height, this versatile unit is ideal for a variety of uses. The property is a commercial condo with one unit, situated on a 2,500 square foot lot. The asking price is $1,350,000. Benefit from a significant 15-year tax abatement, substantially reducing your operating costs. This prime location offers unparalleled convenience, with easy access to public transportation, including the N train and the B70 bus. Nearby amenities include a wide array of restaurants, supermarkets, and pharmacies. The property's adaptability makes it suitable for various businesses, including but not limited to youth or senior centers, home care companies, medical offices, training facilities, non-profit organizations, and even a children's playground. Don't miss this chance to establish your business in this thriving Brooklyn community. This is a rare opportunity to acquire a well-located, spacious, and financially advantageous commercial property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R6 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.