2,199 sqft

$1,699,000

867 53rd Street 1, Brooklyn NY, 11220

Price per sqft$772.62

Built in2023

Property size2,199 sqft

Property typeCommercial

Overview

Active

Listed Apr 2, 2026

Updated Jun 4

Presenting the first of seven commercial condo units available in the heart of Sunset Park! Offering 2,199 sqft, this first-level space is currently leased to a tenant operating a senior center, with the direct use of the basement as well. The property produces an estimated gross annual income of $184,800. Key features include a 15-year tax abatement, low monthly common charges of $890, and an elevator building in excellent condition. Owner financing is available at 6% with the ability to close. Ideally located, this investment provides the opportunity for immediate rental income upon closing. Buyers also have the option to acquire all units together.

Additional information

MLS^® ID: 500183

Interior Features

Basement: No

Exterior Features

Lot Size: 0.07 Acres

Other Property Details

Taxes: $1,107
Tax Frequency: Annually

Listed by Yan Mei (Jamie) Zheng with Tiger Realty
Listing Contact: 9177089966

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