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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

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    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.
    (212) 544-9500
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    1610 Dekalb Ave Brooklyn, NY 11237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1610 Dekalb Ave Brooklyn, NY 11237
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