Buy with Yoreevo
$1,374,517
List Price: $1,399,000
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816 53rd Street

House in Sunset Park •  building info
3bd • 2.5ba • 884ft² $1,583 per ft²
Buy with Yoreevo

$1,374,517

List Price

$1,399,000

Key Details
Days on market
5
Last price change
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Estimated payment
$8,085/mo
Taxes
$536/mo
Maintenance
N/A
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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Home features
Hardwood floors
Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,399,000
Asking Price: $1,399,000
Term
30 Years
Down Payment
$139,000 (10%)
Min: 10% (139,000)
Rate
6.0 %
Mortgage Amount
$1,259,100
Mortgage Payment
$7,549
Taxes
$536
Estimated Yoreevo rebate
$24,483
Estimated closing cost
$51,000
Total monthly cost $8,085
Buy your dream home with us and get an estimated
$24,483 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of RE/MAX Edge

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