Apt: 1A
New York, NY 11220

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$3,990,000
Annual Taxes:$54,498.12
Listing Courtesy of B Square Realty

Prime Sunset Park Commercial Condo with Stable Tenant amp ; 6.

View of patio / terrace

View of patio / terrace

View of patio / terrace
Rec room featuring a wall unit AC, wood finished floors, and a paneled ceiling
Game room featuring wood finished floors and a paneled ceiling
Corridor featuring a paneled ceiling, wood finished floors, a baseboard heating unit, recessed lighting, and stairs
Playroom with a drop ceiling and wood finished floors
Bathroom featuring tile patterned flooring, a wainscoted wall, and tile walls
Rec room featuring wood finished floors and a paneled ceiling
Playroom featuring wood finished floors, a drop ceiling, and recessed lighting
Rec room featuring a drop ceiling and wood finished floors
Game room featuring wood finished floors and a paneled ceiling
Full bathroom with a bidet, tile patterned floors, tile walls, vanity, and a shower
Kitchen with freestanding refrigerator, wood finished floors, white cabinetry, and light countertops
Game room with a paneled ceiling and wood finished floors
Corridor with wood finished floors, an upstairs landing, a paneled ceiling, and recessed lighting
Office with wood finished floors, electric panel, a paneled ceiling, and a wall unit AC
View of parking deck
View of building exterior with a city view
View of urban area
City view
View of city
View of floor plan / room layout
View of property floor plan
View of patio / terraceRec room featuring a wall unit AC, wood finished floors, and a paneled ceilingGame room featuring wood finished floors and a paneled ceilingCorridor featuring a paneled ceiling, wood finished floors, a baseboard heating unit, recessed lighting, and stairsPlayroom with a drop ceiling and wood finished floorsBathroom featuring tile patterned flooring, a wainscoted wall, and tile wallsRec room featuring wood finished floors and a paneled ceilingPlayroom featuring wood finished floors, a drop ceiling, and recessed lightingRec room featuring a drop ceiling and wood finished floors

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 rate—more 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.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.