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Property profile

1302 83Rd St Brooklyn, NY 11228

OFF-MARKET
Office Spaces
View Sample
1,000 SF

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 1,000 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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