- For Sale $4,580,000
- Property Type Mixed Use
- Property Size 4,785 SF
- Lot Size 0.09 Acre
- Cap Rate % 6.45
- Rental Income / YR $335,352.72
- NOI / YR $275,854.96
- Taxes / YR $54,498.12
- Parking Spaces Avail. 1
- Parking Ratio 0.21 / 1,000 SF
- Year Built 2000
- Date Updated Jul 18, 2025
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 (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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
95/100 Walker's Paradise
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Transit Score ®
95/100 Rider's Paradise
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Bike Score ®
57/100 Bikeable
- City Brooklyn, NY
- Neighborhood Sunset Park
- Zip Code 11220
- Market Brooklyn
Points of Interest
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55th Street
0.67 miles
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Mixteca USA
0.72 miles
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Prince Car Service
0.72 miles
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Bay Ridge Avenue
0.83 miles
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Bell Car Service
0.85 miles
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Bay Ridge Express Car Service
0.85 miles
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Mexiana Express II
0.90 miles
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SSA 77 Car & Limo
0.90 miles
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Explorer Car Service
0.95 miles
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Mega Sunset Car Service
0.98 miles
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BP
0.28 miles
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SEVENTH AVENUE
0.34 miles
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Sunoco
0.75 miles
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Amoco
0.80 miles
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7-Eleven
0.87 miles
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Emporium 1
1.02 miles
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FLO
1.05 miles
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Shell
1.25 miles
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EVgo
2.22 miles
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plugNYC
2.71 miles
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Hospital Parking
1.11 miles
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Eastern Fruits and Vegetables
2.23 miles
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US Postal Service
2.28 miles
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Ultra Car Park Systems
2.52 miles
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Fine Fare
2.55 miles
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Car Park Systems
2.57 miles
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IKEA
2.65 miles
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School Bus Depot
2.70 miles
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Garfield Garage
3.12 miles
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Brooklyn Cruise Terminal Parking
3.25 miles
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Insignia Hotel, Ascend Hotel Collection
0.21 miles
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Knights Inn
1.04 miles
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Holiday Inn Express
1.07 miles
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King Hotel
1.10 miles
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The Vue Hotel Express
1.17 miles
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Quality Inn
1.19 miles
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Phoenix Hotel
1.20 miles
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Best Western Gregory Hotel
1.23 miles
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Wyndham Garden
1.24 miles
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Days Inn
1.25 miles
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Shokunin BBQ
0.10 miles
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Tengu Sushi & Noodle
0.13 miles
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Nuan Xin Rice Roll
0.14 miles
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Best 1 Kitchen
0.14 miles
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Earnest Tea Cafe
0.15 miles
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Cantonese Rice Noodle Truck
0.15 miles
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Great 8
0.16 miles
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Xiang Hotpot-Brooklyn
0.16 miles
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MM Tea Cafe
0.16 miles
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Pho 60
0.17 miles
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P.S. 310
0.14 miles
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Public School 105
0.23 miles
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Our Lady of Perpetual Help Catholic Academy
0.49 miles
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Public School 160
0.50 miles
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Virginia Reginae School
0.54 miles
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LEEP Dual Language Academy
0.64 miles
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Saint Agathas School
0.64 miles
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Public School 176
0.65 miles
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Intermediate School 259
0.66 miles
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Public School 94
0.67 miles
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MetroKids Preschool
0.05 miles
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New York City Pre-K Center District 20
0.49 miles
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Young Risers
0.75 miles
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Urban STEAM Lab
1.02 miles
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Pantomima
1.11 miles
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Step Ahead Day Care
1.15 miles
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Tutor Time
1.16 miles
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Bay Ridge Child Care Center
1.17 miles
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Tita & Tito Day Care
1.31 miles
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The Learning Experience
1.45 miles
Frequently Asked Questions
The space currently listed for sale at 880 60th St #1A asks for $4,580,000.
880 60th St #1A totals 4,785 square feet.
880 60th St #1A was built in 2000.
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