Sunset Park Commercial Condo
For Sale
$1,150,000
867 53rd Street, Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
Property Size1,439 SF
Lot Size0.07 Acres
Price / SF$799.17
Days on Market127
Property Features for 867 53rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R6
Subdivision
Sunset Park
Standard status
Active
Size
1,439 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
731
Building Details
Year built
2023
Number of units
1
Building materials
Brick
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Yan Mei (Jamie) Zheng
(917) 708-9966
Added: Apr 2
Changed: Aug 4
Last Checked: Aug 6 at 4:06AM
MLS# 500180
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Investment Insights
Based on property information with market context.
Located in Brooklyn's Sunset Park neighborhood, this commercial condo unit spans 1,439 square feet. Situated on the fifth floor of an elevator building, the unit is currently occupied by a tenant operating a modern fitness center. The property generates an estimated gross annual income of $62,400. The building is in excellent condition. Benefits include a 15-year tax abatement and low monthly common charges of $588. Owner financing is available at a 6% rate, with the possibility of closing. The property allows the purchaser to begin collecting rent immediately upon closing. Buyers have the option to purchase all units together. The lot size is 0.0654 acres. The zoning is R6.
Key Highlights
- Immediate Rental Income: Collect rent upon closing with an existing tenant operating a modern fitness center.
- Prime Location: Situated in desirable Sunset Park.
- Strong Income Potential: Generates an estimated gross annual income of $62,400.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,411
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Queen Fitness — 5815 15th ave, brooklyn, ny 11219
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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 - Commercial condo in Sunset Park, currently operating as a fitness center.
Where is this fitness center & gym located?
The property is located at 867 53rd Street 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: Immediate Rental Income: Collect rent upon closing with an existing tenant operating a modern fitness center.; Prime Location: Situated in desirable Sunset Park.; Strong Income Potential: Generates an estimated gross annual income of $62,400.
