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880 60th St 1A

brooklyn, NY 11220

$4,280,000

    INTERESTED? LET'S CONNECT

    Prime Sunset Park Commercial Condo with Stable Tenant & 6.5% 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 6.5% cap rate—more than double the average return of nearby properties in the area.

    The unit 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

    4,785 Sq Ft

    4,000 Sq Ft Lot Size

    Commercial

    $54,498 Annual Tax

    Built in 2000

    MLS/Listing ID 887843

    2 Stories

    Amenities & Features

    Heating - Forced Air

    Heating - Natural Gas

    Parking - Garage

    Cooling - Ductless

    ONEKEY

    Source of Data: ONEKEY MLS

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