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    OFF-MARKET
    Retail properties & Spaces

    115 Broadway, Brooklyn, NY 11249

    5,400 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,400-square-foot medical office space is ideally situated at 115 Broadway, Brooklyn, NY 11249, on the corner of Bedford Avenue. The single-tenant property boasts 120 feet of frontage on a public plaza, offering ample opportunity for outdoor seating. With east and south-facing exposures, the space enjoys excellent natural light throughout the day. Approved plans are in place, making it suitable for build-to-suit or ground lease arrangements. The lot size is 1,400 square feet, and the building includes an elevator. The property is zoned C4-3 and located in the vibrant Williamsburg submarket, a thriving area with a population of 162,000 and an average household income of $118,000 annually. The strategic location benefits from the recent completion or near-completion of 4,411 new Class A apartments along the Williamsburg waterfront, ensuring a strong and growing potential customer base. This presents a unique opportunity to establish a medical practice in a high-demand, densely populated area with significant new residential development.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 5,400 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pollyn Garden Center Landscaping
    • Greg's Trees Christmas Tree Farm
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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