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    8746 20Th Ave Brooklyn, NY 11214

    For Lease
    $40 SF/Yr

    Modern Office Suites, 2,650-5,450 SF

    Lot size:
    5,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office building, constructed in 2018, offers a unique blend of modern design and functionality. Located in the heart of Bensonhurst, this single-tenant property boasts 5,450 square feet of vacant space, divisible into three floors. Each floor is easily accessible via elevator and features high ceilings and central air conditioning, creating a comfortable and productive work environment. The building's prime location offers convenient access to Belt Parkway, enhancing its appeal for businesses needing easy transportation links. The interior and exterior showcase unique architectural designs, setting it apart from typical office spaces. Suitable for a variety of businesses, this property is ideal for companies seeking a professional and modern setting, whether expanding or establishing a new presence. The zoning is R5, C1-2. The building includes a second floor and lower level office space. Handicap accessibility is ensured throughout the building. This is a rare opportunity to secure a high-quality, newly built office space in a thriving neighborhood.

    Property Features for 8746 20Th Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,450 SF
    Class
    A

    Building Details

    Year Built
    2018

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,450 SF
    Rate per SF
    $40

    HighLights

    • Class A, 2018‑built office building with 5,450 SF available.
    • Single‑tenant occupancy.
    • 2,650 - 5,450 SF of divisible space across three floors.
    • Elevator access, central A/C, and high ceilings.
    • Convenient location near Belt Parkway, zoned R5, C1‑2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sensory Freeway Physical Therapy Clinic Northwell Health Physician ... Medical Clinic Elizabeth Harrington, FNP Medical Office Sensory Freeway new School House Dr. Michael Schirripa Obstetrician-Gynecologist

    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
    -74.0014821
    Latitude
    40.6018807

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    FAQs

    What type of property is this?
    Medical office - Modern Office Suites, 2,650-5,450 SF
    Where is this medical office located?
    The property is located at 8746 20Th Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: Class A, 2018-built office building with 5,450 SF available.; Single-tenant occupancy.; 2,650 - 5,450 SF of divisible space across three floors.
    Request Owner's contact information
    8746 20Th Ave Brooklyn, NY 11214
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    Brooklyn, NY 11214
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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
    8746 20Th Ave Brooklyn, NY 11214
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