1815 Flatbush Ave Brooklyn, NY 11210-4838

Property Details for 1815 Flatbush Ave

Year built

1931

Lot size

0.04 lot acres

Property size

3,348 SF

Zone code

R5

Property type

Office buildings

APN

07619-0006

APU

76190006

Description

This exceptional three-story, 3,348 square foot medical office building at 1815 Flatbush Avenue in Brooklyn, NY, is available for $1,300,000. Located in a high-traffic area with excellent visibility and accessibility, it offers ample space for multi-specialty practices or medical groups. The building features three spacious floors ideal for consultations, diagnostics, and administrative functions. On-site parking is available for patients and staff, along with convenient public transportation access. The property boasts state-of-the-art facilities, adaptable spaces, a bright and inviting contemporary design with natural light, and high-level security features including private patient rooms. The building is currently vacant, offering a unique opportunity for an owner/user. The lot size is 2,165 square feet, and the property's APN is 0761900006. While the current NOI is $0 due to vacancy, the pro-forma NOI is projected at $102,000, resulting in a pro-forma cap rate of 7.85%. The price per square foot is $388.29. This is a Class B building offering a prime location for establishing or expanding a medical practice in a thriving Brooklyn neighborhood. The building is ready for immediate occupancy.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9398

Latitude

40.6258

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments