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Property Description

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.

Features
Heating System:
Natural Gas, Forced Air
Cooling System:
Ductless
Basement:
See Remarks
Parking Features:
Garage
Sewer:
Public Sewer
Utilities:
See Remarks
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
Google Maps
Property and Construction
Development Status:
Other
Agent MlsId:
169035
Office MlsId:
LILI01
Special Listing Conditions:
No
Tax Annual Amount:
$54,498
Water Source:
Public
PhotosCount:
23

Commercial Sale For Sale

880 60th Street, New York, NY

4,000 Acre
$4,280,000
Listing ID #887843
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
887843
Price :
$4,280,000
Bathrooms Total :
0
Building Area :
4,785 Sqft
Lot Area :
4,000 Acre
Year Built :
2000
Status :
Active
Status :
Active
Listing Office :
B Square Realty
Listing Agent :
Li Li
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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