115 Broadway, Brooklyn, NY 11249
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.