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New Commercial Condo in Sunset Park
For Lease
$5,200/Mo

867 53rd St 4, Brooklyn, NY 11220

New construction commercial condo suitable for various businesses.

Space SizeContact for details
Property Size1,439 SF
Lot Size0.07 Acres
Days on Market160

Property Features for 867 53rd St 4

General Information

Standard status Active
Size 1,439 SF
Lot size 0.07 Acres
Property subtype Commercial / Office

Building Details

Building Size 1,439 SF
Year Built 2023
Listing Agency: Metro Realty Professionals
Listed By: Jian Yang (Carey) · License #10491203971
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 6:21AM

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 Metro Realty Professionals

Investment Insights

Based on property information with market context.

This new construction commercial condominium is available for lease in the Sunset Park area. The unit offers 1,439 square feet of space within an elevator building. It is suitable for various types of businesses, including doctor's offices, senior centers, day care centers, accountant's offices, and travel agencies. The property is located near shopping areas, major banks, and a hospital. It is also within a short distance of the N train/8th Avenue subway station, providing convenient access to transportation. This location presents an opportunity to establish a business in the 8th Avenue business district.

Key Highlights

  • Prime Sunset Park location in the 8th Ave business district.
  • Suitable for a variety of businesses: doctor's office, senior center, day care, accountant, travel agency, etc.
  • New construction (2023) commercial condominium.

Property Analytics

Current Use

Times English tutoring ... Training Center

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,955
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

Lease Benchmarks for Brooklyn, NY

$38.82 /SF/Yr
Avg Asking Price
$9.28–$76.1 /SF/Yr
Price Range
3,772 SF
Avg Space Size

This space is priced 12% above the average of $38.82 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - New construction commercial condo suitable for various businesses.
Where is this medical office space located?
The property is located at 867 53rd St 4 Brooklyn, NY.
What is the lease rate?
The lease rate is $5,200/Mo.
What are key features of this property?
This property features: Prime Sunset Park location in the 8th Ave business district.; Suitable for a variety of businesses: doctor's office, senior center, day care, accountant, travel agency, etc.; New construction (2023) commercial condominium.
More about this property
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