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1/23
$4,280,000
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1/23
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.
Full Property Details
Full Property Details for 880 60th St #1A
General
- Price: $4,280,000
- Taxes: $54,498
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 887843
- Updated: 7/18/2025
- Added to Site: 186 day(s) ago
Business
- Business Type: Commercial
Parking
- Parking Features: Garage
Location
- County: Kings (Brooklyn)
- Cross Streets: 9th ST
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Attached
- Construction: Other
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 4785
- Square Feet: 4,785
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
Financial Considerations
- Tax Amount: $54,498.12
Disclosures and Reports
- Special Conditions: None
- Property ID: 05714-1001
Listed by B Square Realty
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Schools
Schools serving 880 60th St #1A
School District:New York City Geographic School District 20
| Name | Grades | Distance |
|---|---|---|
Ps 69 Vincent D Grippo School 6302 9th Avenue, Brooklyn, NY 11220 | K-5 | 0.1 mi |
Jhs 227 Edward B Shallow 6500 16th Avenue, Brooklyn, NY 11204 | 6-8 | 1 mi |
Fort Hamilton High School 8301 Shore Road, Brooklyn, NY 11209 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 880 60th St #1A
Date
Details
Price
Change
Source
7/18/2025
Listed
$4,280,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 880 60th St #1A
880 60th Street #1A, Brooklyn, NY 11220 (MLS# 887843) is a Commercial property. 880 60th Street #1A is currently listed for $4,280,000 and was received on July 18, 2025. Want to learn more about 880 60th Street #1A? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

