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Property profile

2809 Ocean Pkwy Brooklyn, NY 11235

OFF-MARKET
Office Spaces
View Sample
5,925 SF Built 2006

Property summary

AI-generated overview

This exceptional 5,925 square foot medical office building, located at 2809 Ocean Parkway in Brooklyn, New York, presents a compelling investment opportunity. The property, built in 2006, is classified as a Class B building and sits on a 10,150 square foot lot, zoned R6. Currently vacant, this multi-tenant building offers significant potential for immediate income generation or continued use as a medical facility. Previously utilized as a radiology office, the fully renovated interior is adaptable to a variety of medical practices. The asking price is $2,850,000, translating to $481.01 per square foot, with a projected cap rate of 7.00%. Its convenient location in Brooklyn, near major transportation routes and thoroughfares, ensures high visibility and accessibility. The property's size and layout, combined with its prime location and strong potential return on investment, make it an attractive proposition for discerning buyers seeking a foothold in the thriving Brooklyn medical market. The sale is offered directly by the owner, providing a streamlined transaction process. This is a rare opportunity to acquire a well-maintained, versatile medical office building in a highly desirable area. Serious inquiries are encouraged.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 5,925 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 Medical Clinic
  • Physician

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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