863 50th Street Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
Property Features for 863 50th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- R6
- Standard status
- Active
- Size
- 1,018 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12975
Building Details
- Year built
- 2004
- Floors in Building
- 6
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Chun Hung (Leo) Tse License #CT7740 (646) 407-6668
Listing office ProBase Real Estate 289 Kings Highway, Brooklyn, NY (718) 210-2727
Listing date Jul 10, 2026
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Investment Insights
Based on property information with market context.
The property is positioned along 8th Avenue in Sunset Park. Commuting access is supported by nearby N train service and B9 and B70 bus lines.
Zoned R6, the suite is offered for sale with on-site parking available for lease upon request.
Key Highlights
- Fully equipped medical/professional office suite on the 2nd floor in an elevator building
- Approx. 1,018 SF layout with bright lobby, secure enclosed front desk, 3 private offices (easy to convert to 4)
- Includes dedicated storage room, pantry, and 2 bathrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.3k | $50.40 |
| − Vacancy | −$10.8k | −$10.58 |
| EGI | $40.5k | $39.82 |
| − OpEx | −$10.1k | −$9.95 |
| NOI | $30.4k | $29.86 |
