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    908 New York Ave Brooklyn, NY 11203

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    8,000 SF Medical Office - Available Now

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8,000-square-foot medical office space is located at 908 East New York Avenue in Brooklyn, New York, within Kings County (zip code 11203). The property is a newly constructed single-tenant building offering a completely vacant space ready for immediate occupancy. Features include a private lobby and elevator providing direct access to the suite, ensuring both privacy and convenience for patients and staff. Multiple means of egress are available for enhanced safety and efficient traffic flow. The building's strategic location offers easy access to public transportation, with a Citibike docking station conveniently nearby. Furthermore, the property benefits from its proximity to the Kingsbrook Jewish Medical Center, providing a strong potential patient base and synergistic opportunities. The building also boasts over 40 newly constructed residential units, contributing to a vibrant and growing neighborhood. This presents a unique opportunity for medical professionals seeking a modern, well-equipped, and conveniently located space to establish or expand their practice. The property is classified as Office, Special Purpose with a Medical Office subtype.

    Property Features for 908 New York Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    State
    New York
    Longitude
    -73.9328069
    Latitude
    40.6627514

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    FAQs

    What type of property is this?
    Medical office - 8,000 SF Medical Office - Available Now
    Where is this medical office located?
    The property is located at 908 New York Ave Brooklyn, NY.
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    Brooklyn, NY 11203
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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
    908 New York Ave Brooklyn, NY 11203
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