Check Availability
$1,650,000
Commercial - For Sale

867 53rd Street #1

Brooklyn, NY 11220
bedrooms
Studio
bathrooms
0 Bath
square feet
2199 Sqft
$1,653,260
RealtyHop Estimate
0.20%
Since Oct 1, 2023
NY-New York
Primary Model

About This Property

Introducing this money maker, brand new construction, commercial condo in prime Sunset Park area, 2,199 sqft. It is being rented by existing tenant, and use the premise as a senior center. The first floor unit is connected with basement. Gross annual income is $186,000. 15 years abatement. Gross property tax for the unit is $1,107.12 a year. Monthly common charge is $891.04. Approximate CAP rate at 6%. Elevator building. Excellent condition. Owner financing is available with 40% down payment and finance at rate of 6%, purchaser could close within 30 days. It is conveniently located. Purchaser will be able to collect rent the same day of the closing.

The manager has listed the unit size as 2199 square feet.
Unit Size
2,199Ft²
Days on Market
230 days
Land Size
0.07 acres
Price per sqft
$750
Property Type
Commercial
Property Taxes
$1,107
HOA Dues
-
Year Built
-
Listed By
Jian Yang (Carey)
Exit Realty Professionals
Last updated: 8 months ago (BMLSNY #476747)

Price History

Date / Event Date Event Price
Sep 14, 2023 No longer available -
No longer available
Sep 10, 2023 Listed by Exit Realty Professionals $1,650,000
Listed by Exit Realty Professionals
Aug 30, 2023 Price Decreased $1,680,000
↓ $120K (6.7%)
Price Decreased
Sep 18, 2022 Listed by E House Realty & Mgt. Inc. $1,800,000
Listed by E House Realty & Mgt. Inc.
Brand new seven stories commercial condominiums, located at the center of Sunset Park 8th Avenue with 15 years of tax abatement. First floor is 2199 Sq Ft. Excellent choice for doctor office, Day care, Senior office, Church, investments or even personal use. Close to everything, will sell-out quick! The manager has listed the unit size as 2199 square feet.

Property Highlights

Exterior Details

Exterior Information

Brick
Building Details
New Construction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,600,000 Nov 23, 2020
$1,600,000 Mar 29, 2021
-
Multifamily
3 Beds
2 Baths
1,872 ft²
$705/ft²
$1,320,000 May 9, 2022
$1,320,000 Jul 15, 2022
-
Multifamily
5 Beds
3 Baths
2,821 ft²
$588/ft²
$1,660,000 Nov 16, 2022
$1,660,000 Feb 17, 2023
-
Multifamily
3 Beds
2 Baths
2,832 ft²
$572/ft²
$1,620,000 Mar 22, 2023
$1,620,000 Aug 24, 2023
-
House
6 Beds
2 Baths
3,000 ft²
$450/ft²
$1,350,000 Oct 14, 2022
$1,350,000 Jan 11, 2023
-
Townhouse
Stu
-
-
$1,750,000 Aug 9, 2016
$1,750,000 Jan 10, 2017
-
Commercial
Loft
-
2,199 ft²
$764/ft²
$1,680,000 Sep 18, 2022
-
-
Commercial
Loft
-
2,450 ft²
$653/ft²
$1,599,000 Aug 30, 2022
-
$400/mo
Commercial
Loft
-
1,949 ft²
$700/ft²
$1,365,000 Sep 10, 2023
-
$981/mo
Commercial
Loft
-
1,949 ft²
$708/ft²
$1,380,000 Sep 18, 2022
-
-
Commercial
Loft
-
1,771 ft²
$1,062/ft²
$1,880,000 Aug 30, 2023
-
$4,458/mo
Commercial
Loft
-
2,819 ft²
$568/ft²
$1,600,000 Jun 15, 2023
-
$752/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

867 53rd Street 867 53rd Street, Brooklyn, NY 11220
  • 3 Units for Sale
More about this Building
867 53rd Street
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About South Brooklyn


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