816 53rd Street, Brooklyn, New York 11220
- $1,299,000
- 3
- BD
- 3
- BA
- 884
- SqFt
- List Price
- $1,299,000
- Status
- ACTIVE
- Days on Market
- 37
- Price Change
- ▼ $100,000 1789176077
- MLS#
- 503713
- Style
- Duplex
- Year Built
- 1915
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 884
- Lot Size
- 1,302
- MLS Area Major
- Sunset Park
Property Description
Rare Residential & Commercial Conversion Opportunity Near Brooklyn’s 8th Avenue Chinatown! Welcome to 816 56th Street, Brooklyn, a unique one-family home with excellent commercial conversion potential, ideally located just minutes from the vibrant 8th Avenue commercial corridor in the heart of Brooklyn’s Chinatown. The property features 4 bedrooms and 3 bathrooms, with two stories plus a basement, along with a private garage in the rear. One of the property’s strongest features is its R6/C1-3 zoning, offering tremendous flexibility and potential for commercial or mixed-use conversion, subject to applicable zoning regulations and approvals. Ideal for investors, developers, business owners, or end users looking to establish a retail, restaurant, office, service, or other permitted commercial use in one of Brooklyn’s busiest commercial neighborhoods. Excellent location near 8th Avenue shopping, restaurants, supermarkets, transportation (B70, B11, B9, B16 Buses and N, R, W, D Trains), and neighborhood amenities. Use it as a home, convert for business use, or explore its redevelopment potential — a rare opportunity in a prime Brooklyn location.
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Additional Information
- Taxes
- $6,426
- Financing
- 1031 Exchange, Bank Mortgage, Cash
- Property Description
- Duplex
- Zoning
- R6, C1-3
- Flooring
- Hardwood, Tile, Other
- Heating
- Gas
- Exterior Features
- Brick
- Stories
- 2
- Roof
- Flat
- Foundation
- Poured Concrete
Mortgage Calculator
Courtesy Of RE/MAX Edge