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849 57th St #101, Brooklyn, NY, 11220

0beds
1baths
1,158sqft
$998,888
$863price/sqft
$6,000/moest. monthly cost
$240,000/yrincome needed

About This Home

Offering a prime investment opportunity in the heart of Sunset Park, this 1,158 square foot medical office condominium is located along vibrant 8th Avenue. Situated in an elevator building, the unit benefits from a tax abatement program available through 2032. The property features two separate units: Unit A: Currently rented, monthly rent of 4,500 Unit B: Currently rented at 3,800 per month This property is ideal for both investors and medical practitioners seeking ownership space. Its location along the 8th Avenue ensures high visibility and heavy foot traffic, surrounded by abundant shopping and dining options. Do not miss this rare opportunity to acquire property in prime Sunset Park.

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
63
BikeBikeable

Schools

7/10
Ps 105 The BlythebourneGrades K-50.3 mi
6/10
Jhs 223 The MontaukGrades 6-81.3 mi

Construction

Condition

  • Year built: 2008

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Window features: Window Treatments

Heating

  • Heating features: Natural Gas,Steam/Radiator

Interior Area

  • Total structure area: 1,158
  • Total interior livable area: 1,158 sqft

Property

Accessibility

  • Accessibility features: Handicap Access

Details

  • Special condition: Arm's Length

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,050$60,600
Home Insurance *$238$2,856
Property Taxes $466$5,592
Electricity $246$2,954
Total$6,000$72,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,714/yr
40% on housing$180,000/yr
45% on housing$160,000/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$863This listing

vs Other Active Listings

Avg $/sqft

ZIP 11220$875
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11220$660
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-25Listed for sale$998,888

For Sale by Agent

AgentStephanie X. Zhang
BrokerageDiTommaso Real Estate

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