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

828 57th Street #5, Brooklyn, NY 11220

Newly developed office/medical condo in Sunset Park Commercial Condos with 25 years of tax abatement.

Property Size1,077 SF
Days on Market145

Property Features for 828 57th Street #5

General Information

Standard status Active
Size 1,077 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,873

Building Details

Building Size 1,077 SF
Year Built 2022
Listing Agency: E Realty International Corp
Listed By: Lin Guo · License #10401304356
Source: Cohenandcohenrealty
Added: Mar 21 Changed: Aug 8 Last Checked: Aug 12 at 12:25PM

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.

A newly developed building within Sunset Park Commercial Condos, offering an office/medical-focused condo unit that is available for sale or rent. The property includes 25 years of tax abatement.

The location is right next to 8th Ave, with nearby transportation that includes the N train and the B70 bus. Area amenities include local supermarkets and restaurants.

Designed as a fit for office or medical use, the suite provides a clean, newly developed option for an established business or a new start.

Key Highlights

  • Newly developed office/medical condo (Year Built: 2022) in Sunset Park Commercial Condos
  • Offers 25 years of tax abatement
  • Condo is located next to 8th Ave in Brooklyn

Property Analytics

Current Use

Office buildings

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Newly developed office/medical condo in Sunset Park Commercial Condos with 25 years of tax abatement.
Where is this office building located?
The property is located at 828 57th Street #5 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 (Year Built: 2022) in Sunset Park Commercial Condos; Offers 25 years of tax abatement; Condo is located next to 8th Ave in Brooklyn
More about this property
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