$3,990,000
( $833.86Per Sq Foot )
 $21,419 est/mo Sourced by Back At You

880 60th Street 1a,Brooklyn, NY 11220

Brooklyn, NY 11220

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Description

Prime Sunset Park Commercial Condo with Stable Tenant & 6.91% Cap Rate Optional Parking Available Located in the heart of Brooklyn’s thriving 8th Avenue corridor, this two-level commercial condominium offers investors a rare opportunity to acquire a high-yield, low-maintenance asset with a long-term tenant in place. Currently leased to a well-established daycare center, the property generates a strong 6.91% cap ratemore than double the average return of nearby properties in the area. The unit (1A) spans approximately 4,785 square feet across two floors. The ground level features three classrooms, an administrative office, and two restrooms. The second level offers two additional classrooms, two restrooms, a full kitchen, a storage room, and a spacious outdoor playground located on the second-floor terrace. Each classroom is equipped with split-unit air conditioning, and ceiling heights throughout are approximately 8 to 8.5 feet. A separately deeded parking space is also available for purchase. Monthly common charges and floor plans are available upon request. The property is being sold with a long-term lease in place, providing steady income from a stable, established tenant. Situated in one of Brooklyn’s most active commercial districts, the property benefits from strong local demand and excellent accessibility. The N train is just short distance away, and multiple bus lines serve the area. With strong neighborhood demand, excellent visibility, and a long-term tenant in place, this is an ideal opportunity for investors seeking steady cash flow in a prime location.

Details

MLS #887843
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year2000
Days On Site401
Listing Provided ByB Square Realty | Li Li

Features

SQ Feet4,785
BasementY
Story(s)2
Acreage0.09

Interior

CoolingDuctless
HeatingForced Air, Natural Gas

Exterior

Construction MaterialsOther
Foundation DetailsOther

Parking

Parking FeaturesGarage

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount54498.12

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
Sourced by Back At You

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.992M - $4.987M
sqft: 3,500 - 5,500
Nearby Listings Property ImageNearby Listings Details
6317 Fort Hamilton Parkway Property Photo 1
$6,500
6317 Fort Hamilton Parkway
Brooklyn, NY 11219
Listing Updated: July 21, 2026 at 7:18:30 AM PDT