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    1811 Avenue Brooklyn, NY 11229

    Sponsored
    For Sale
    $1,299,000

    Turnkey Medical Office, Excellent Location

    Property size:
    2,584 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2,584 square foot commercial condominium is situated on the ground floor of a six-story building in Brooklyn, NY, at 1811 Avenue P 1A, zip code 11229. Located just 100 yards from the vibrant Kings Highway shopping district, this property offers unparalleled convenience with its proximity to the subway (3 blocks) and numerous bus stops. Across the street from the Post Office, this recently renovated (late 2023) space is fully equipped and furnished, making it a truly turnkey operation. Ideal for shared medical practices, the space includes a large, adaptable area previously used for physical therapy, perfect for wellness services or additional exam rooms/offices. Features include two large handicap-accessible bathrooms, a welcoming reception area, new flooring and walls, a dedicated records room, several exam rooms, a private doctor's office, and a convenient handicap-accessible ramp. The property boasts a 4,000 square foot lot and features 8-10 foot ceilings. Central air/heat and a security alarm system are already installed. Asking price is $1,299,000.

    Property Features for 1811 Avenue

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,584 SF

    Building Details

    Stories
    6

    HighLights

    • $1,299,000 asking price.
    • 2,584 square foot office condo.
    • Located in Brooklyn, NY, near Kings Highway shopping district.
    • Turnkey medical office with equipment and furniture included.
    • Newly renovated in late 2023 with handicap accessibility features.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9553842
    Latitude
    40.6110099

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    FAQs

    What type of property is this?
    Office Property / Space - Turnkey Medical Office, Excellent Location
    Where is this office property / space located?
    The property is located at 1811 Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: $1,299,000 asking price.; 2,584 square foot office condo.; Located in Brooklyn, NY, near Kings Highway shopping district.
    Request Owner's contact information
    1811 Avenue Brooklyn, NY 11229
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    Brooklyn, NY 11229
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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
    1811 Avenue Brooklyn, NY 11229
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