825 57th Street

Sunset Park

$7,900,000
Price
Beds
21,400 Sq. Ft.
$369 / Sq. Ft.
21,400
Sq. Ft.
$369
per Sq. Ft.

Description

Welcome to this incredible mixed-use building, located in the heart of Sunset Park and seconds from 8th Avenue. Building size 40’x100’ on lot 40’x100’. Perfectly positioned in a prime location, this property is close to an abundance of restaurants, supermarkets, shops, pharmacies, bakeries, banks and more making it an excellent investment opportunity. The location is truly unbeatable, situated in a highly desirable neighborhood with easy access to public transportation. This building features 8 commercial...Welcome to this incredible mixed-use building, located in the heart of Sunset Park and seconds from 8th Avenue. Building size 40’x100’ on lot 40’x100’. Perfectly positioned in a prime location, this property is close to an abundance of restaurants, supermarkets, shops, pharmacies, bakeries, banks and more making it an excellent investment opportunity. The location is truly unbeatable, situated in a highly desirable neighborhood with easy access to public transportation. This building features 8 commercial units/stores offering the potential for long-term tenants and consistent rental income. Above the commercial spaces, you'll find 6 spacious residential units, each boasting beautiful layouts and comfortable living spaces. Additionally, this building offers four dedicated indoor parking spots, a valuable asset in this area where parking is in high demand. Don't miss out on this exceptional opportunity to own a prime mixed-use building with rent increase potential. Schedule your showing today!
  1. Listed by Priscilla Tran • Momentum Real Estate LLC • 4 Spaces
  2. Listed by Leo Chen • Momentum Real Estate LLC

Amenities

  • Elevator
  • Voice Intercom
  • Midrise
  • Parking Included
  • Lowrise
LISTING UPDATED: 06/12/2024 04:32 PM

Property Details for 825 57th Street

StatusActive
MLS ID473094
Days on Market590
Taxes$138,738 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeMixed Use
Year Built2003
Lot Size4,007 SF / 40' x 100'
CountyKings County

Building

825 57th St

9 Units6 StoriesBuilt in 2003

Building Information for 825 57th Street

Stories6Residences9Year Built2003Building Size40.58' x 100'Building Sq. Ft24,348 SFLot Size4,007 SF / 40' x 100'Building Age-Building Type-

Property Information for 825 57th Street

Summary
Location and General Information
  • Block: 5686
  • Number Of Stories: 8
  • Cross Street Name: 8th Ave
  • Cross Street Name: 9th Ave
  • Zoning: R6
  • Roof: Flat
Parking
  • Parking Attributes: 4 Spaces
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 138738.0
  • Gross Expense: 160888.0
  • Gross Income: $507,420.00
  • Miscellaneous Expense: 4800.0
  • Cap Rate: .04%
Property
Lot Information
  • Sq Ft Total: 21400
  • Yard: None
  • Lot Number: 68
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 40
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Water
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 2611.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Cellar
  • Commercial Features Interior: Elevator - Private
  • Foundation Details: Poured Concrete
  • Flooring: Carpeting, Hardwood, Tile
  • Unit Count: 0
  • Lavatories: 4+
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 4100.0
  • Building Length: 100.0
  • Building Type: Attached
  • Building Width: 41.0
Agent
Agent Information
  • Net Operating Income: 346532.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 6120.0
  • Owner Occupied: No

Property History for 825 57th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 825 57th Street

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 105 The Blythebourne
PublicK to 5

Jhs 223 The Montauk
Public6 to 8

Franklin Delano Roosevelt High School
Public9 to 12

I.S. 187 The Christa Mcauliffe School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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825 57th Street is a townhouse for sale in Sunset Park. This property was listed for sale on April 8, 2023 by Momentum Real Estate LLC, it's currently listed at $7,900,000. It has been on the market for a total of 590 days and was last sold on November 24, 2020. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 105 The Blythebourne, Jhs 223 The Montauk and Franklin Delano Roosevelt High School. 825 57th Street is a 0-bed, 0-bath, 21,400 sqft townhouse built in 2003.

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Listing Courtesy of Momentum Real Estate LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.