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    20 Plaza St Brooklyn, NY 11238

    Sponsored
    For Sale
    $1,450,000

    2050 SF Medical Co-op, Move-In Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,050-square-foot medical office co-op presents a rare opportunity in Brooklyn's prestigious 20 Plaza Street East. Located in a landmark building, this unit (#A15) is ideally suited for a medical group or solo practitioner. Currently configured with six treatment rooms, three consultation rooms, and ample plumbing, the space can easily accommodate up to eight treatment rooms. Features include a welcoming waiting area, reception area, full kitchenette, abundant storage, and HVAC. The "as-is" condition is exceptional and move-in ready, perfect for a high-design medical practice. Benefit from abundant natural light and a private entrance as a corner unit. The adaptable layout is suitable for various medical specialties, including primary care, dentistry, physical therapy, chiropractic, counseling, dermatology, optometry, podiatry, and pediatrics. Enjoy convenient access to both front and rear entrances, one nestled within a landscaped garden and the other through an elegant Art Deco lobby. The building's prime location offers proximity to Grand Army Plaza, Prospect Park, the Brooklyn Museum, Botanic Garden, and Library. Public transportation is readily available with the 2/3 and B/Q subway lines providing easy access to Downtown Brooklyn and Manhattan. Nearby cafes, shops, and restaurants add to the desirability of this location. This unique combination of space, quality, location, and value creates an unparalleled investment opportunity.

    Property Features for 20 Plaza St

    General Information

    Property type
    Medical offices

    HighLights

    • $1,450,000 asking price for a 2,050 SF medical office co‑op.
    • Located at 20 Plaza St E, #A15, Brooklyn, NY 11238.
    • Features six treatment rooms, three consult rooms, plumbing, HVAC, waiting area, reception, kitchenette, and storage.
    • Corner unit with abundant natural light and private entrance.
    • Excellent location near Grand Army Plaza, Prospect Park, and public transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr . unterricht Doctor Dr. Erica D. ... Doctor D'Alto Michael MD Ophthalmologist Unterricht Sam L ... Ophthalmologist Frank Aronica Park ... Podiatrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9699199
    Latitude
    40.6757517

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    FAQs

    What type of property is this?
    Medical office - 2050 SF Medical Co-op, Move-In Ready
    Where is this medical office located?
    The property is located at 20 Plaza St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: $1,450,000 asking price for a 2,050 SF medical office co-op.; Located at 20 Plaza St E, #A15, Brooklyn, NY 11238.; Features six treatment rooms, three consult rooms, plumbing, HVAC, waiting area, reception, kitchenette, and storage.
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    20 Plaza St Brooklyn, NY 11238
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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
    20 Plaza St Brooklyn, NY 11238
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