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Property profile

2912 Avenue X Brooklyn, NY 11235

OFF-MARKET
Office Spaces
View Sample
3,600 SF

Property summary

AI-generated overview

This exceptional 3,600 square foot medical office building, located at 2912 Avenue X in Brooklyn, New York, is available for $1,199,000. The property boasts a desirable Class B designation and is currently vacant, presenting a unique opportunity for owner-users or investors. The building is a free-standing structure with separate utilities for two units, allowing for flexible configurations and potential for increased revenue streams. Its strategic location offers excellent signage opportunities, ensuring high visibility and attracting a substantial patient base. The zoning designation is R4, providing versatility for various medical uses. The asking price of $1,199,000 translates to $333.06 per square foot, reflecting a competitive value in the current market. This property represents a compelling investment prospect due to its prime location, functional layout, and potential for significant return on investment. The building's existing medical office build-out simplifies the transition for new occupants, minimizing upfront renovation costs. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is situated in zip code 11235, within Kings County.

Property profile

Verified
Property type Office Spaces
Total area 3,600 SF

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
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
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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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