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Sixth-Floor School Condominium
For Sale
$1,068,000

867 53rd Street, Brooklyn, NY 11220

Commercial, Brooklyn, NY

Property Size1,335 SF
Lot Size0.07 Acres
Price / SF$800
Days on Market172

Property Features for 867 53rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6
Subdivision Sunset Park
Standard status Active
Size 1,335 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 678

Building Details

Year built 2023
Number of units 1
Roof type Tile
Listing Agency: Tiger Realty
Listed By: Yan Mei (Jamie) Zheng
Added: Apr 2 Changed: Sep 7 Last Checked: Sep 20 at 9:06PM
MLS# 500181

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 commercial condominium occupies the sixth floor of an elevator building completed in 2023. The 1,335-square-foot space is occupied by a tenant operating a cram school for children, providing an established school-oriented configuration within the property. The building is described as being in excellent condition and features a tile roof.

The property is located at 867 53rd Street in Brooklyn’s Sunset Park area, within the 11220 postal code. R6 zoning applies to the property, and a 15-year tax abatement is associated with the unit. The condominium format offers a defined commercial ownership interest in a multi-unit building.

Key Highlights

  • 1,335 square feet on the sixth floor
  • Occupied by a tenant operating a cram school for children
  • Elevator building completed in 2023

Property Analytics

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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

1
Office units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,955
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
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Frequently Asked Questions

What type of property is this?
School - Elevator-accessed commercial condominium occupied by a children’s cram school in an R6-zoned building.
Where is this school located?
The property is located at 867 53rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,068,000.
What are key features of this property?
This property features: 1,335 square feet on the sixth floor; Occupied by a tenant operating a cram school for children; Elevator building completed in 2023
More about this property
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