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816 53rd Street

$1,299,000

Est. $7,134/mo

Brooklyn, NY 11220 · Brooklyn

Beds
3
Baths
2.5
Sqft
884
Status
Active
On site
34 days

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About this home

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.

Listed with RE/MAX Edge · Kelly Wu · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 5:09 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$7,134.03Total / mo

Estimated Monthly Payment

Principal & interest
$6,398.53 (89.7%)
Taxes
$535.50 (7.5%)
Insurance
$200.00 (2.8%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Brooklyn, NY

Current Listings

New in the last 30 days

218

Sep 2026

Average Price

Active listings

$1,286,329

Sep 2026

Average Days on Market

Active listings

176 days

Sep 2026

Computed from 1,572 active OneKey MLS listings in Brooklyn, NY.

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