$3,990,000
880 60th Street Unit: 1A
Brooklyn, NY 11220
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Beds
—
Baths
—
Square feet
2000
Built
Listing narrative
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.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$3,990,000
Beds
Beds n/a
Type
House
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
3,999 sqft
Year
2000
Status
For Sale
Days on Market
456
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
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Public records are available on the full property page.
No record values are inferred or fabricated.
Full MLS property history
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Courtesy of B Square Realty





