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Third-Floor Fitness Condo Unit
For Sale
$1,150,000

867 53RD ST, Brooklyn, NY 11220

Third-floor commercial condo unit currently occupied by a barre dance center in an elevator-equipped building.

Property Size1,439 SF
Price / SF$799.17
Days on Market227

Property Features for 867 53RD ST

General Information

Standard status Active
Size 1,439 SF
Property subtype General Commercial

Amenities

elevator
3
R6

Building Details

Year Built 2023
Listing Agency: Tiger Realty
Listed By: Yan Mei Zheng
Source: Xome
Added: Dec 28, 2025 Changed: Aug 7 Last Checked: Aug 11 at 5:04AM

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 Tiger Realty

Investment Insights

Based on property information with market context.

This third-floor commercial condo unit is currently occupied by a tenant operating a Barre Dance Center. The unit is part of a seven-unit commercial condo offering and totals 1,439 square feet. The property generates an estimated gross annual income of $62,400, and the building is described as being in excellent condition with an elevator.

The offering is located at 867 53RD ST Unit 3 in Brooklyn, NY 11220, and the remarks note it as part of the prime Sunset Park area. Additional highlights include low monthly common charges of $588 and a stated 15-to-year tax abatement.

The owner has indicated that owner financing is available at a 6% rate, with the possibility of closing, allowing the purchaser to begin collecting rent immediately upon closing. Buyers also have the option to purchase all units together.

Key Highlights

  • 1,439 SF third‑floor commercial condo unit in an elevator‑equipped building
  • Currently occupied by a tenant operating a Barre Dance Center; includes 3 guest facilities
  • Estimated gross annual income of $62,400

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.

Location Intelligence

Trade Area within ½ mile

5,411
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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  • Dust Bowl Field 6633 8th Ave, Brooklyn, NY 11220

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Third-floor commercial condo unit currently occupied by a barre dance center in an elevator-equipped building.
Where is this fitness center & gym located?
The property is located at 867 53RD ST Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 1,439 SF third‑floor commercial condo unit in an elevator‑equipped building; Currently occupied by a tenant operating a Barre Dance Center; includes 3 guest facilities; Estimated gross annual income of $62,400
More about this property
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