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Property profile & analytics

828 57Th St Brooklyn, NY 11220

  • Office buildings
  • 12,862 SF
  • 0.06 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0864378
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 828 57Th St

Year built
1920
Lot size
0.06 lot acres
Property size
12,862 SF
Zone code
R6
Property type
Office buildings
APN
05693-0017
APU
56930017

Description

This exceptional commercial condo, located at 828 57th Street, Unit 4 in Brooklyn, NY 11220, presents a fantastic investment opportunity. The 1,625 square foot space is situated on the second floor of a new building in the vibrant Sunset Park neighborhood. Boasting an 8-10 foot ceiling height, this versatile unit is ideal for a variety of uses. The property is a commercial condo with one unit, situated on a 2,500 square foot lot. The asking price is $1,350,000. Benefit from a significant 15-year tax abatement, substantially reducing your operating costs. This prime location offers unparalleled convenience, with easy access to public transportation, including the N train and the B70 bus. Nearby amenities include a wide array of restaurants, supermarkets, and pharmacies. The property's adaptability makes it suitable for various businesses, including but not limited to youth or senior centers, home care companies, medical offices, training facilities, non-profit organizations, and even a children's playground. Don't miss this chance to establish your business in this thriving Brooklyn community. This is a rare opportunity to acquire a well-located, spacious, and financially advantageous commercial property.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $525,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-74.0072
Latitude
40.6366
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$119,642
$101,700
$1,247,400
$1,349,100
-
$226,000
$2,772,000
$2,998,000
More about this property
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