Price Reduced Listing
$1,299,000
 $6,973 est/mo Sourced by Back At You

816 53rd Street,Brooklyn, NY 11220

Brooklyn, NY 11220

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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.

Details

MLS #503713
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1915
Days On Site32
Listing Provided ByRE/MAX Edge | Kelly Wu

Features

Bed(s)3
SQ Feet884
BasementY
Story(s)2
ZoningR6, C1-3

Interior

Room Count12
Heating FuelGas
Total Rooms7

Exterior

ExteriorBrick
RoofFlat
Construction MaterialsBrick
Foundation DetailsPoured Concrete

Parking

Parking AttributesDetached Garage
Parking Feature SingleCommunity Drive

Utilities

Electric110 V

Taxes

Tax Amount6426.00

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
AreaBrooklyn
SubareaSunset Park
Listing VS Median (in 11220)
Price:
$1,299,000
low | high
Med:
$1,538,000
31.601231716705% of Average
sqft:
884
low | high
Med:
1,600
30.995475113122% of Average
$ / sqft:
$1,469
low | high
Med:
$961
84.58468052348% of Average
On site:
32
low | high
Med:
41
78.048780487805% of Average
Sourced by Back At You

Market Activity 11220

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Learn More About This Property

Gregory Kyroglou

Gregory Kyroglou

Modern Spaces New York

 (917) 916-6776greg@modernspaces.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
AreaBrooklyn
SubareaSunset Park
Listing VS Median (in 11220)
Price:
$1,299,000
low | high
Med:
$1,538,000
31.601231716705% of Average
sqft:
884
low | high
Med:
1,600
30.995475113122% of Average
$ / sqft:
$1,469
low | high
Med:
$961
84.58468052348% of Average
On site:
32
low | high
Med:
41
78.048780487805% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $974K - $1.623M
sqft: 663 - 1,000
Nearby Listings Property ImageNearby Listings Details
816 53rd Street Property Photo 1
$1,399,000
816 53rd Street
Brooklyn, NY 11220
867 53rd Street 7 Property Photo 1
$750,000
867 53rd Street 7
Brooklyn, NY 11220
Listing Updated: September 11, 2026 at 3:30:02 PM PDT
Gregory Kyroglou
(917) 916-6776
Astoria - 29-20 23rd Ave.
Astoria, New York 11105

Gregory Kyroglou - Modern Spaces New York