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Brooklyn Elevator Building For Sale
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423 39th St, Brooklyn, NY 11232

Vacant office/medical/school building in prime Brooklyn location.

Property Size8,000 SF
Days on Market1240

Property Features for 423 39th St

General Information

Standard status Active
Size 8,000 SF
Class A
Property subtype Office
Zoning M1-2
Investment Type Value Add

Building Details

Year Built 2008
Buildings 1
Stories 4
Units 4
Listing Agency: Matthew Spiegel - Licensed Independent Broker
Listed By: Matt Spiegel · License #10301206664
Source: Crexi
Added: Apr 17, 2023 Changed: Aug 22 Last Checked: Sep 5 at 12:35AM

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 Matthew Spiegel - Licensed Independent Broker

Investment Insights

Based on property information with market context.

This vacant elevator building in Brooklyn is suitable for an end user or investor. The property is located in a prime location and is suitable for office, medical, or school use. The ground floor measures approximately 1,600 square feet, the second and third floors each measure approximately 2,000 square feet, and the fourth floor measures approximately 1,600 square feet with 2 terraces. The basement is approximately 800 square feet. Ideal usages include non-profit organizations, schools, daycares, senior centers, and medical facilities.

Key Highlights

  • 100% Vacant, ideal for end user or investor
  • Prime Location for Office/Medical/School
  • Elevator building

Property Analytics

Current Use

Turning Point Discipleship Training Center

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Nursing Home Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,589
Businesses Nearby

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Vacant office/medical/school building in prime Brooklyn location.
Where is this office building located?
The property is located at 423 39th St Brooklyn, NY.
What are key features of this property?
This property features: 100% Vacant, ideal for end user or investor; Prime Location for Office/Medical/School; Elevator building
More about this property
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