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Property profile

2424 Kings Hwy Brooklyn, NY 11229

OFF-MARKET
Office Spaces
View Sample
Built 1936

Property summary

AI-generated overview

This 1,200 square foot medical office space is available for lease at 2424 Kings Highway in Brooklyn, NY 11229. Located on the ground floor with a separate entrance, this well-maintained property offers excellent visibility at the intersection of Kings Highway and Bedford Avenue. Benefiting from easy access to public transportation, the space is ideal for healthcare professionals seeking a location to establish or expand their practice. The layout includes a welcoming reception area with ample seating, four private exam rooms fully equipped with cabinets and storage, a separate consultation room/office, and a dedicated staff/administrative area. A half bathroom is conveniently located in the waiting area. The property was built in 1936 and is a single-tenant space within a single building. While there is no on-site parking, the location offers convenient public transportation access. The lease terms and rental amount of $4,000 per month are negotiable, and the space is ready for immediate occupancy. This presents a unique opportunity to secure a premium medical office space in a highly desirable Brooklyn location.

Property profile

Verified
Property type Office Spaces
Year built 1936

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician
  • Telecommunications Service General Contractor
  • Physician

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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