Ad #7891681
MLS #887843
Prime Sunset Park Commercial Condo with Stable Tenant & 6.91%
880 60th St 1A, Brooklyn, NY 11220
$3,990,000
--Beds
--Baths
--Sqft
0.09Acres
About this property
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.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 2000
0.09 Acres
2 Stories
Garage
Natural Gas, Forced Air
$54,498 / yr property tax
Kings County
Additional Photos
Contact Information
Li Li
B Square Realty
646-889-9988
Location
Listing Agent: Li Li 646-889-9988
Broker: B Square Realty 347-628-8818 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: B Square Realty 347-628-8818 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$3,990,000
--
Beds
--
Baths
--
Sqft
880 60th St 1A, Brooklyn, NY 11220
By contacting this agent you agree to these Terms and Conditions.
MLS# 887843
Prime Sunset Park Commercial Condo with Stable Tenant & 6.91%
$3,990,000
880 60th St 1A, Brooklyn, NY 11220
--
Beds
--
Baths
--
Sqft
0.09
Acres
$3,990,000
880 60th St 1A, Brooklyn, NY 11220
-- Beds
-- Baths
-- Sqft
0.09 Acres
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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 2000
0.09 Acres
2 Stories
EXTERIOR
Garage
INTERIOR
Natural Gas, Forced Air
FINANCIAL & COMMUNITY
$54,498 / yr property tax
Kings County
See More Details
Location
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Ad Statistics
Ad Number
7891681
Viewed
42 times
Listing Status
Active
Added
Jul 06, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
887843
Listing Agent: Li Li 646-889-9988
Broker: B Square Realty 347-628-8818 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: B Square Realty 347-628-8818 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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