1302 83Rd St, Brooklyn, NY 11228
This 1,000 square foot commercial office space, located at 1302 83rd Street, Brooklyn, NY 11228, presents a unique investment opportunity in the heart of the prime Dyker Heights neighborhood. Currently planned for healthcare use, this versatile property offers significant potential for a variety of businesses, including adult care facilities, medical offices, nursing homes, professional offices, or after-school tutoring centers. The building boasts 11-15 foot ceilings and sits on an 8,400 square foot lot. Expansion is possible, with the potential to connect to the adjacent property, increasing the total square footage to 2,300. The property benefits from a common charge that includes water and a significant 25-year tax abatement, making it a financially attractive proposition. This Kings County location offers easy access to major transportation routes and is situated within a thriving and densely populated residential area. The property's adaptability and prime location make it an ideal investment for savvy entrepreneurs and investors seeking a strong return. The asking price is $598,800. Serious inquiries only.
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
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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.