867 53RD ST Unit 1 Brooklyn, NY 11220

Building Details

Year Built

2023

Listing office Tiger Realty j***@gmail.com Show Phone

Listing date Jan 30, 2026

Source Xome

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Investment Insights

Based on property information with market context.

This commercial condo unit, the first of seven available, is located in Sunset Park. The first-level space offers 2,199 sqft and is currently leased to a tenant operating a senior center, with direct use of the basement. The property generates an estimated gross annual income of $84,800. Key features include a 15-year tax abatement and low monthly common charges of $890. The building has an elevator and is in excellent condition. Owner financing is available at 6% with the ability to close. This investment provides the opportunity for immediate rental income upon closing. Buyers also have the option to acquire all units together.

Key Highlights

• Immediate rental income of $84,800 upon closing due to existing tenant.
• 15‑year tax abatement significantly reduces property taxes.
• Owner financing available at 6%.

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FAQs

What type of property is this?

Retail space - 2,199 sqft commercial condo with tenant in place.

Where is this retail space located?

The property is located at 867 53RD ST Unit 1 Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,699,000.

What are key features of this property?

This property features: Immediate rental income of $84,800 upon closing due to existing tenant.; 15‑year tax abatement significantly reduces property taxes.; Owner financing available at 6%.