Property summary
This exceptional six-story, 63,000 square foot building presents a unique investment opportunity in Brooklyn's Mill Basin. The property boasts a prime waterfront location and comprises a main building (56,515 square feet) and an accessory building (6,046 square feet). The main building features a ground floor reception area, medical offices, a large kitchen with cafeteria, and three separate dining halls, one with partitions for private events. Floors two through six offer 21 units per floor, each consisting of one- and two-bedroom apartments, along with four to five companion suites per floor. This configuration is ideal for an assisted living facility, currently housing 190 beds. The accessory building includes a recreation area, movie theater, beauty salon, mezzanine storage, and a second floor with offices, a conference room, laundry facilities, and a break room. The building is equipped with a backup generator and solar panels on the roof, enhancing both functionality and sustainability. This mixed-use property offers a blend of medical office space and residential units, creating a strong potential for diverse income streams and long-term value appreciation. The property's size, amenities, and location make it an attractive investment for a variety of buyers.
Property profile
VerifiedCap rate & NOI
Current use
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Home Appliance Store
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Car Dealership
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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