About This Home

This 3-bedroom, 3-bathroom multi-family at 816 53rd Street in Brooklyn, NY is listed for $1,299,000 ($1,469 per sqft). Built in 1915, the home offers 884 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1915
  • 0.03 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
1-car garage
1915

Amenities

HardwoodA/C
Listing 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.

Monthly Cost Estimate

$6,947/mo

20% down · 6.5% · 30 years

Principal$939
Interest$5,629
Insurance$379

Estimates only. Actual payments may vary.

Location

816 53rd Street

Brooklyn, NY 11220

Features & Amenities

Interior Features

A/C Unit - WindowRefrigeratorStove

Property Details

Flooring

TileHardwood

Construction

Brick

Parking

Garage - Detached

Questions & Answers

This 3-bedroom, 3-bathroom multi-family at 816 53rd Street is listed at $1,299,000 ($1,469/sqft). The estimated monthly payment is $6,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.03 acre lot, 2 stories. Interior Features: A/C Unit - Window, Refrigerator, Stove.

This property is listed by Kelly Wu.

KW

Kelly Wu

Agent at Womcore LLC dba Remax Edge

Listed by Womcore LLC dba Remax Edge · Broker phone: (718) 612-3088 · View on Broker Site · Broker website

MLS# 503713· Source: Brooklyn New York Multiple Listing Service· 74 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

816 53rd Street, Brooklyn, NY 11220

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