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Property profile

120 5Th Ave Brooklyn, NY 11217

OFF-MARKET
Retail properties & Spaces
View Sample
29,400 SF

Property summary

AI-generated overview

120 5th Avenue in Brooklyn, NY, presents a remarkable opportunity for medical professionals seeking versatile and expansive office space. This mixed-use building, totaling 29,400 square feet, offers five individual suites, with a significant 26,400 square feet currently available for lease. The property is categorized as retail, office, and restaurant space, making it suitable for a variety of medical-related businesses. Individual suites range from a minimum of 3,455 square feet to a maximum contiguous space of 8,501 square feet, providing flexibility for practices of various sizes. Located in the vibrant Kings County, at 120 5th Avenue, zip code 11217, this property boasts a prime location with excellent visibility and accessibility. The multiple tenancy structure allows for a diverse community of medical professionals, fostering collaboration and networking opportunities. This is an exceptional chance to establish or expand a medical practice in a thriving Brooklyn neighborhood. The substantial vacant space presents a unique opportunity to customize the layout and design to perfectly suit your specific needs and operational requirements. Don't miss this chance to secure your ideal medical office space in a dynamic and convenient location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 29,400 SF

Cap rate & NOI

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

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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