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  1. Commercial Properties
  2. NY
  3. New York City
  4. Brooklyn

880 60th St #1A

For Sale

880 60th St #1a, Brooklyn, NY 11220

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.

Building Details

  • 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
  • Additional Rent Price on request
  • Parking Spaces Avail. 1
  • Parking Ratio 0.21 / 1,000 SF
  • Year Built 2000
  • Date Updated Jul 18, 2025
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Contacts

broker
Barbie Li

B Square Realty

Location

  • City Brooklyn, NY
  • Neighborhood Sunset Park
  • Zip Code 11220
  • Market Brooklyn
  • Map
  • Street
  • Walk score 95/100 Walker's Paradise
  • Transit score 95/100 Rider's Paradise
  • Bike score 57/100 Bikeable
Powered by Walk Score ®

Points of Interest

55th Street

0.67 miles

Mixteca USA

0.72 miles

Prince Car Service

0.72 miles

Bay Ridge Avenue

0.83 miles

Bell Car Service

0.85 miles

Bay Ridge Express Car Service

0.85 miles

Mexiana Express II

0.90 miles

SSA 77 Car & Limo

0.90 miles

Explorer Car Service

0.95 miles

Mega Sunset Car Service

0.98 miles

BP

0.28 miles

SEVENTH AVENUE

0.34 miles

Sunoco

0.75 miles

Amoco

0.80 miles

7-Eleven

0.87 miles

Emporium 1

1.02 miles

FLO

1.05 miles

Shell

1.25 miles

EVgo

2.22 miles

plugNYC

2.71 miles

Hospital Parking

1.11 miles

Eastern Fruits and Vegetables

2.23 miles

US Postal Service

2.28 miles

Ultra Car Park Systems

2.52 miles

Fine Fare

2.55 miles

Car Park Systems

2.57 miles

IKEA

2.65 miles

School Bus Depot

2.70 miles

Garfield Garage

3.12 miles

Brooklyn Cruise Terminal Parking

3.25 miles

Enterprise

0.39 miles

Sunset Car Wash

1.21 miles

White Swan Auto Spa

1.34 miles

BK Wash & Repair Center

1.62 miles

Brooklyn's Famous Car Wash

1.66 miles

Guadalupana Car & Limo Services

1.66 miles

Bay Ridge Auto Wholesale INC.

1.81 miles

Super Clean Car Wash

2.04 miles

Platinum Car Wash

2.04 miles

Giant Car Wash

2.05 miles

Shokunin BBQ

0.10 miles

Tengu Sushi & Noodle

0.13 miles

Nuan Xin Rice Roll

0.14 miles

Best 1 Kitchen

0.14 miles

Earnest Tea Cafe

0.15 miles

Cantonese Rice Noodle Truck

0.15 miles

Great 8

0.16 miles

Xiang Hotpot-Brooklyn

0.16 miles

MM Tea Cafe

0.16 miles

Pho 60

0.17 miles

New York Mart (formerly Hong Kong Supermarket)

0.12 miles

Fei Long Supermarket/Minimall

0.19 miles

Sunrise Supermarket Inc.

0.33 miles

HL Supermarket

0.36 miles

Lucky Star Market Inc.

0.37 miles

Forum Supermarket

0.37 miles

E & S Grocery Store

0.37 miles

Xin Hao NY Supermarket

0.41 miles

Pioneer Supermarket

0.63 miles

Biedronka

0.69 miles

Global Care Pharmacy

0.14 miles

A.M Pharmacy

0.22 miles

Rite Aid

0.25 miles

Mannings 8th Ave Pharmacy

0.25 miles

ABC Pharmacy Inc.

0.33 miles

7th Avenue Pharmacy Inc

0.42 miles

Alleon Pharmacy

0.43 miles

Macro ℞ Pharmacy

0.50 miles

Family Medical Care

0.57 miles

Kelly's Pharmacy

0.58 miles

Listing Summary

  • Property Financials

    880 60th St #1a is currently listed for sale at $4,580,000 for a price per square foot of $957.16. Yearly taxes for this property stand at $54498.12.

    The yearly rental income is $335352.72. The property has an associated capitalization rate of 6.45%. The last reported annual net operating income (NOI) was $275854.96.

  • Property Details

    880 60th St #1a totals 4,785 square feet of Mixed Use space on a lot spanning 0.09 acres. The property was initially built in 2000.

    There are a total of 1 parking space available onsite, with a parking ratio of 0.21 / 1,000 SF.

  • Area Characteristics

    880 60th St #1a is located in the Sunset Park neighborhood.

    In terms of ease of commuting, the area has a walk score of 95, indicating that it is perfect for walking.

Contact Barbie Li
broker
Barbie Li

B Square Realty

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