Viji Varghese
Call: (718) 781-5937
Text: (718) 781-5937
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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Estimated Payment
$ 4,057.11 per month $3,113.57 Principal & Interest $535.50 Property Tax $408.04 Homeowner's InsuranceListing By
Agency Name: RE/MAX Edge
Agency Contact: 718-288-3835
Shown By
Agent Name: Viji Varghese
Agent Phone: (718) 781-5937
Agency Title: Laffey Real Estate
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816 53rd Street | MLS# 1038985
This single family home located at 816 53rd Street, Brooklyn, NY 11220 is currently listed for sale with an asking price of $1,399,000. This property was built in 1915 and has 3 bedrooms and 2 full and 1 partial baths with 884 sq. ft. 53rd Street is located within the Contact Agent school district. Search Brooklyn real estate on vijivarghese.laffey.com today.