$3,990,000

880 60th Street 1A, Brooklyn, NY 11220

  • 4,785 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $834/sqft
  • Property List Date Icon Listed 1 year ago

Property 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.

Listing Status:
Active
Data Last Updated:
August 10, 2026 at 11:22PM
Listing Office:
B Square Realty : 646-889-9988
MLS ID:
887843
  • Basement: See Remarks
  • A/C: Ductless
  • Heating: Forced AirNatural Gas
  • Parking: Garage
  • Originating MLS: onekey2
  • County: Kings (Brooklyn)
  • Zoning: 05714-1001
  • Utilities: See Remarks
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of B Square Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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