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    960 Manhattan Ave Brooklyn, NY 11222

    For Lease
    $35 SF/Yr

    Prime Medical Office, NYC, 3,500-7,500 SF

    Lot size:
    19,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class B medical office building, "The Norwood," offers 19,500 square feet of space in a highly desirable Kings County location. Built in 1931 and meticulously renovated, the four-story building boasts a beautifully restored façade and offers stunning views of the NYC skyline. Currently, 15,500 square feet are available, divisible into spaces ranging from 3,500 to 7,500 contiguous square feet. The building features four total suites, abundant natural light, high ceilings, modern LED lighting, and newly renovated ADA-compliant bathrooms. Enjoy the convenience of a direct access passenger elevator and 24-hour access-controlled entry. Located between India and Java Streets, this property benefits from heavy vehicular and pedestrian traffic, with easy access to Long Island City, the LIE, Midtown Tunnel, and Manhattan. Public transportation is readily available, with the 50th G subway line station and B43 and B62 bus routes at the doorstep, and the B32 and B24 nearby. The building's exposed brick walls and new thermal windows with hand-rubbed finished wood frames add to its unique charm. Endless dining and shopping options are within walking distance. The 4,875 square foot lot provides ample space. Virtual walkthroughs are available for the 3rd and 4th floors. Long-term leases are available.

    Property Features for 960 Manhattan Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,500 SF
    Class
    B
    Total Rate
    56875

    Building Details

    Year Built
    1931
    Stories
    4

    Unit(s) available at that property

    Space
    4th Floor
    Size
    4,000 SF
    Rate per SF
    $35
    Space
    2nd Floor
    Size
    4,000 SF
    Rate per SF
    $35
    Space
    3rd Floor
    Size
    4,000 SF
    Rate per SF
    $35

    HighLights

    • 19,500 SF medical office building in Kings County with 15,500 SF vacant.
    • Multiple suites available, ranging from 3,500 SF to 7,500 SF.
    • Class B building, four stories, built in 1931, situated on a 4,875 SF lot.
    • Convenient location with excellent access to public transportation (50th G subway line, B43, B62, B32, and B24 buses), major roadways (LIE, Midtown Tunnel), and Manhattan.
    • Recently renovated with restored façade, exposed brick walls, new thermal windows, modern LED lighting, and ADA‑compliant bathrooms. Features include high ceilings, abundant natural light, and a passenger elevator.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Szalyga John MD Doctor Dr. Derrick Cheung Gastroenterologist Dr. Rebecca Altschul Cardiologist Paul Rosen Family Practice Physician Dr. Alberto L. ... Surgeon

    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
    -73.95457265
    Latitude
    40.73194535

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, NYC, 3,500-7,500 SF
    Where is this medical office located?
    The property is located at 960 Manhattan Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 19,500 SF medical office building in Kings County with 15,500 SF vacant.; Multiple suites available, ranging from 3,500 SF to 7,500 SF.; Class B building, four stories, built in 1931, situated on a 4,875 SF lot.
    Request Owner's contact information
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    Brooklyn, NY 11222
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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
    960 Manhattan Ave Brooklyn, NY 11222
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