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    2000 Kings Highway Brooklyn, NY 11229

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    Claim this Listing
    For Lease
    $4,800/Mo $19 SF/Yr (calc)

    SINGLE_FAMILY - Brooklyn, NY

    Type:Office
    Property size:
    3,000 SF
    Added:
    Aug 26, 2024
    Days on Market:
    616
    Last Refresh:
    May 3 at 4:06 am

    Property Features for 2000 Kings Highway

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    R7A
    Parking features
    Garage
    Standard status
    Active
    Size
    3,000 SF

    Building Details

    Year built
    1954
    Flooring type
    Linoleum
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Listing Contact
    Diana Melerud
    Diana Melerud

    Listing agent Diana Melerud

    Listing office Superior Realty Service 139 Oxford Street, Brooklyn, NY

    Listing date Aug 26, 2024

    MLS# 485558

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midwood Medical Office Space Available

    Located in the heart of Midwood, this commercial space offers approximately 3,000 square feet suitable for various professional uses, particularly medical offices. The layout includes 13 rooms, featuring a waiting room, reception area, nine private offices, and two half bathrooms. Ample closet and storage space is available. The first-floor location in a multistory building provides accessibility, including a wheelchair-accessible entrance. The space benefits from two entrances and the potential for use by two separate medical practices. All office rooms have windows. A small kitchen with a dining area is included. The configuration is adaptable, with the possibility of modifying or removing walls. The location offers proximity to shopping, buses, trains, and schools. Parking may be available for rent in the building garage. Heat is included in the rent, while the tenant is responsible for electricity. The property is zoned R7A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Harold L Bendelstein ... Physician Dr. Ernest Horowitz, ... Physician Lunik Service Inc Medical Clinic Dr. Marina V. ... Pediatrician Anna N. Krol ... Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Similar Places Nearby

    • Sushi Meshuga — 1637 E 17th St, Brooklyn, NY 11229
    • Noah's Ark Veterinary Practice — 2974 Quentin Rd, Brooklyn, NY 11229
    • Oceanside Animal Clinic — 704 Kings Hwy, Brooklyn, NY 11223
    • Ask A Vet App LLC — 1820 Avenue M #1028, Brooklyn, NY 11230
    • PetSpace 360 — 1930 Avenue M, Brooklyn, NY 11230

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.953128
    Latitude
    40.61055

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    FAQs

    What type of property is this?
    Medical Office Space - Medical office space for rent in prime Midwood location.
    Where is this medical office space located?
    The property is located at 2000 Kings Highway Brooklyn, NY.
    What is the lease rate?
    The lease rate is $4,800 /Mo.
    What are key features of this property?
    This property features: Prime Midwood location, ideal for medical or professional office, with proximity to shopping, buses, trains, and schools.; Flexible layout with 13 rooms including reception, waiting area, and 9 private offices, with customization potential.; Suitable for two separate practices due to two entrances.
    (347) 554-8282
    We can help!
    Listing Contact
    Diana Melerud
    Diana Melerud
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    2000 Kings Highway, Brooklyn, NY 11229

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