1940 Shore Pkwy, Brooklyn, NY 11214
This exceptional 20,000-square-foot single-tenant office building at 1940 Shore Parkway in Brooklyn, NY 11214, presents a unique opportunity. Completed in 2024, this state-of-the-art building boasts a modern design and is fully vacant, offering immediate occupancy. The property features 23 conveniently located parking spaces for tenants and their guests. An elevator ensures easy access to all floors. The building is zoned R4 and is situated near Bay 44th St, offering excellent accessibility. The building's design incorporates a rooftop outdoor area, providing a unique amenity for tenants. This versatile space is ideal for a variety of uses, and notably, it has already received pre-approval for use as a daycare facility. The available space is flexible, accommodating needs ranging from 6,000 to 20,000 square feet. This is a built-to-suit property, offering a rare chance to occupy a brand-new, modern office space in a desirable Brooklyn location. The property is classified as a traditional office building and is perfect for a single tenant seeking a modern and functional workspace.
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.