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    450 Bay Ridge Pkwy Brooklyn, NY 11209

    Sponsored
    For Lease
    $31 SF/Yr ($2,200 /Mo)

    840 sq ft Single-Tenant Office in Brooklyn

    Lot size:
    840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 840-square-foot office space is ideally situated at 450 Bay Ridge Parkway in Brooklyn, New York, within the historic limestone buildings of Doctor's Row. The single-tenant occupancy offers a convenient and efficient layout perfect for a variety of professional uses. The space boasts a spacious reception area, a sizable office, and three well-appointed exam rooms, making it particularly suitable for medical practices or similar businesses. Additional features include a dedicated bathroom and ample storage space. The property is conveniently located near the R train, ensuring easy access for both staff and clients. Tenants are responsible for all utilities. The building is located in Kings County (Brooklyn), New York, with a zip code of 11209. This prime location offers a blend of professional prestige and convenient accessibility. The property's layout and amenities provide a comfortable and functional workspace, ready for immediate occupancy. The building's historic character adds a unique and desirable element to this already attractive offering. This is a fantastic opportunity to establish a thriving business in a highly sought-after Brooklyn neighborhood.

    Property Features for 450 Bay Ridge Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    840 SF
    Total Rate
    2200.1

    Unit(s) available at that property

    Space
    450 Bay Ridge Parkway
    Size
    840 SF
    Rate per SF
    $31

    HighLights

    • 840‑square‑foot office space in Brooklyn, NY.
    • Located at 450 Bay Ridge Parkway on Doctor's Row.
    • Single‑tenant occupancy with reception area, office, and three exam rooms.
    • Includes bathroom and ample storage.
    • Convenient R train access and 11209 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Funaro Richard A MD Doctor

    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 (Brooklyn)
    State
    New York
    Longitude
    -74.0329499
    Latitude
    40.6212119

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    FAQs

    What type of property is this?
    Office Property / Space - 840 sq ft Single-Tenant Office in Brooklyn
    Where is this office property / space located?
    The property is located at 450 Bay Ridge Pkwy Brooklyn, NY.
    What is the lease rate?
    The lease rate is $31 SF/Yr.
    What are key features of this property?
    This property features: 840-square-foot office space in Brooklyn, NY.; Located at 450 Bay Ridge Parkway on Doctor's Row.; Single-tenant occupancy with reception area, office, and three exam rooms.
    Request Owner's contact information
    450 Bay Ridge Pkwy Brooklyn, NY 11209
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    Brooklyn, NY 11209
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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
    450 Bay Ridge Pkwy Brooklyn, NY 11209
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