New Dyker Heights Commercial
1302 83rd Street 002 Brooklyn, NY 11228
1302 83rd Street 002, Brooklyn, NY, 11228
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For Sale
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New 1,300 SF commercial space in Dyker Heights.
Property Size1,300 SF
Price / SF$537.54
Days on Market622
Property Features for 1302 83rd Street 002
General Information
- Standard status
- Active
- Size
- 1,300 SF
- Property subtype
- Land
Listing agency
REMAX EDGE
(718) 612-3088
Listed by
Qikang Mei · License #NY 10401207839
Source
Crexi
Added: Nov 8, 2024 Updated: Jul 10 at 3:44PM Checked: Jul 22 at 8:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX EDGE
Investment Insights
Based on property information with market context.
This new building, constructed in 2024, is situated in the Dyker Heights neighborhood. The 1,300 square-foot space is currently planned for healthcare use, but it can also accommodate an adult care facility, medical office, nursing home, professional office, or after-school tutoring classes. The space can be connected to an adjacent unit, expanding it to 2,300 square feet. Common charges include water. The property benefits from a 25-year tax abatement.
Key Highlights
- Prime Dyker Heights location
- Brand new 2024 construction
- Flexible usage: suitable for healthcare, adult care, medical office, nursing home, professional office, after‑school tutoring, and more
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.6k | $42.00 |
| − Vacancy | −$4.4k | −$3.36 |
| EGI | $50.2k | $38.64 |
| − OpEx | −$20.1k | −$15.46 |
| NOI | $30.1k | $23.18 |
1,300 SF · lease $42.00/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$430.6K
$376.7K – $502.3K
NOI $30,139 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.08M
$941.9K – $1.26M
NOI $75,348 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical centers
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - New 1,300 SF commercial space in Dyker Heights.
Where is this medical center located?
The property is located at 1302 83rd Street 002 Brooklyn, NY.
What is the asking price?
The asking price for this property is $698,800.
What are key features of this property?
This property features: Prime Dyker Heights location; Brand new 2024 construction; Flexible usage: suitable for healthcare, adult care, medical office, nursing home, professional office, after‑school tutoring, and more
