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

828 57TH Street, Brooklyn, NY 11220

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Days on Market156

Property Features for 828 57TH Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
APN 05693-1404

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1874

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 2022
Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Lin Guo · License #10401304356
Added: Mar 21 Changed: Aug 20 Last Checked: Aug 23 at 7:06AM
MLS# 974748

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office condominium is part of a newly developed, brick-construction building completed in 2022. The property is positioned for office or medical use and includes public water and public sewer service, with natural gas heating. A 25-year tax abatement is associated with the condominium, providing a defined tax benefit for ownership planning.

The property is in Sunset Park near 8th Avenue, with nearby transportation including the N train and B70 bus. Supermarkets and restaurants are also located nearby, adding convenient daily services for staff and visitors. The condominium format offers a commercial ownership setting for a professional office or medical practice.

Key Highlights

  • Newly developed medical office condominium
  • Completed in 2022 with brick construction
  • Suitable for office or medical use

Property Analytics

Current Use

Medical Office Space

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
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Newly developed condominium suited to office or medical use, with a 25-year tax abatement.
Where is this medical office space located?
The property is located at 828 57TH Street 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 medical office condominium; Completed in 2022 with brick construction; Suitable for office or medical use
More about this property
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