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1610 Dekalb Ave Brooklyn, NY 11237

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For Sale
$5,650,000

Medical clinic space near Dekalb Avenue and L train.

Property size:
16,982 SF
Lot size:
0.19 Acres

Property Features for 1610 Dekalb Ave

General Information

Size
16,982 SF
Lot size
0.19 Acres

Source: Ariel Property Advisors Agent Benjamin Vago

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Brooklyn Medical Space For Sale

Located on Dekalb Avenue between Wyckoff Avenue and Irving Avenue, this property is currently used as an out-patient medical clinic. The space is conveniently located half a block from the Dekalb Street L train station. The tenant is Wyckoff Heights Medical Center, a 350-bed teaching hospital located just around the corner. All three floors are utilized for medical examination rooms and offices. The purchaser will also receive title to 7 rooftop terraces above the residential units. The lease expires at the end of 2028, with a 5-year option to extend. There is an 8% annual rent increase in 2025. The property has allowable uses for educational, cultural, health care, medical, arts, non-profits, day care, child care, and religious purposes. The property size is 16982 square feet. Cap rate post lease extension: 7.1%.
Insight Report Location Intelligence

Current Use by Public Records

Wyckoff Medical Arts ... Medical Center Olga Badem, Infectious Disease Physician Carmina Aybar Rodriguez Infectious Disease Physician Jaime Yun Cardiovascular And Thoracic Surgeon Shurovi Jafar Internist

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.91928
Latitude
40.70383

FAQs

What type of property is this?
Medical space - Medical clinic space near Dekalb Avenue and L train.
Where is this medical space located?
The property is located at 1610 Dekalb Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,650,000.
What are key features of this property?
This property features: - High-value tenant: Wyckoff Heights Medical Center, a 350-bed teaching hospital.; - Prime location: Half a block from the Dekalb Street L train station.; - Significant income growth: 8% annual rent increase in 2025.
More about this property
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