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 # | 1038985 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 13 |
| Listing Provided By | RE/MAX Edge | Kelly Wu |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 884 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.14 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Other |
| Interior Features | Other |
| Appliances | Other, Refrigerator |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Other |
Utilities
| Utilities | See Remarks |
|---|---|
| Sewer | Other |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6426 |
| Tax Lot | 0013 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11220) | |
Price: $1,399,000 low | high Med: $1,350,000 sqft: 884 low | high Med: 5,100 $ / sqft: $1,583 low | high Med: $265 On site: 13 low | high Med: 137 | |
Market Activity 11220
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11220) | |
Price: $1,399,000 low | high Med: $1,350,000 sqft: 884 low | high Med: 5,100 $ / sqft: $1,583 low | high Med: $265 On site: 13 low | high Med: 137 | |
