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    587 Kings Hwy Brooklyn, NY 11223
    Property profile & analytics

    587 Kings Hwy, Brooklyn, NY 11223

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    • Specialty properties
    • 5,806 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Samuel L. Miller, MD / Ophthalmologist
    • Adelina Volis, OD / Physician
    • Maya Filshtinskaya, OD / Physician
    • Kings Highway Condominium Corporation / Condominium Complex
    • N Y Eye Associates / Ophthalmologist

    Property Details for 587 Kings Hwy

    Property type
    Specialty properties
    Property subtype
    Office Spaces

    Description

    This exceptional commercial condo at 587 Kings Highway, Brooklyn, NY 11223, offers 5,806 square feet of meticulously designed space, ideally suited for a variety of uses. Currently configured as a fully built-out medical facility, the property boasts two units spanning five stories. The main floor (2,424 sq ft) features floor-to-ceiling windows, a welcoming reception area, a spacious waiting room, six individual rooms, a large conference room, two restrooms, a kitchenette, and ample storage. The lower level (3,406 sq ft) provides an expansive layout with nineteen rooms, a reception area, private offices, a substantial waiting area, and three restrooms. The building includes two dedicated elevators servicing these two floors, enhancing convenience and accessibility. Four private parking spaces are included. The property benefits from a sprinkler system, central HVAC, and a security system. Located on the corner of Ocean Parkway and Kings Highway, this high-visibility location offers excellent frontage and is conveniently close to public transportation, shopping, and all neighborhood amenities. The asking price is $2,750,000. The lot size is 5,688 square feet, and ceiling heights range from 8 to 10 feet. This is a rare opportunity to acquire a well-appointed, turnkey commercial property in a thriving Brooklyn location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9677
    Latitude
    40.6055
    More about this property
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