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Property profile & analytics

1302 83Rd St 002 Brooklyn, NY 11228

  • Land
  • 1,300 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 1302 83Rd St 002

Property size
1,300 SF
Property type
Land

Description

This exceptional commercial land parcel, located at 1302 83rd Street #002 in the desirable Dyker Heights neighborhood of Brooklyn, New York (zip code 11228), presents a unique investment opportunity. The property boasts a newly constructed (2024) building encompassing 1,300 square feet on an 8,400 square foot lot. The building features ceiling heights ranging from 11 to 15 feet, providing ample space and flexibility for a variety of uses. Currently planned for healthcare, the property's zoning allows for diverse applications, including adult care facilities, medical offices, nursing homes, professional offices, or after-school tutoring centers. Expansion potential exists, with the possibility of connecting to the adjacent property to increase the total square footage to 2,300 square feet. The asking price is $698,800. Significant long-term cost savings are anticipated through a 25-year tax abatement, and common charges include water. This prime location in the heart of Dyker Heights offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a versatile commercial property with substantial upside potential. The property is situated in Kings County.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Longitude
-74.012
Latitude
40.6155
More about this property
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