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    982 50Th St Brooklyn, NY 11219

    For Sale
    $810,000

    7,473 SF Office, Newly Constructed

    Property size:
    7,473 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7,473 square foot commercial office space is located at 982 50th Street, 1st Floor, in the vibrant Brooklyn, New York neighborhood (zip code 11219, Kings County). Situated on a 2,000 square foot lot, this property boasts a newly constructed building (2020), offering modern amenities and a fresh, open layout ideal for various office uses. The space is currently listed at $810,000. While the marketing materials mention a 1,350 square foot first floor and a 600 square foot basement, totaling 1,950 square feet, the total square footage of the listed property is 7,473 square feet. The discrepancy requires clarification. The building features a ceiling height described as "Other," requiring further inquiry for specifics. Monthly common charges are $510. This presents a unique opportunity to acquire a substantial, modern office space in a thriving Brooklyn location. The property's precise configuration and ceiling height details should be verified during due diligence. This is a single-unit property.

    Property Features for 982 50Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,473 SF

    Building Details

    Units
    1

    HighLights

    • 7,473 SF commercial office space in prime Brooklyn location (982 50th Street, 11219).
    • Newly constructed building (2020) with modern amenities and open layout.
    • Listed at $810,000 with $510 monthly common charges.
    • Situated on a 2,000 SF lot.
    • Single‑unit property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -73.9996833
    Latitude
    40.6384126

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    FAQs

    What type of property is this?
    Office Property Space - 7,473 SF Office, Newly Constructed
    Where is this office property space located?
    The property is located at 982 50Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $810,000.
    What are key features of this property?
    This property features: 7,473 SF commercial office space in prime Brooklyn location (982 50th Street, 11219).; Newly constructed building (2020) with modern amenities and open layout.; Listed at $810,000 with $510 monthly common charges.
    Request Owner's contact information
    982 50Th St Brooklyn, NY 11219
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    Brooklyn, NY 11219
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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
    982 50Th St Brooklyn, NY 11219
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