380 4Th St Brooklyn, NY 11211
- Retail residential properties
- 18,519 SF
- 0.10 lot acres
Current Use by Public Records
- Nikki's Mobile Assembly & Maintenance Services / Handyman/Handywoman/Handyperson
- The Neighborhood’s Lobby / Cannabis Store
Property Details for 380 4Th St
- Year built
- 1915
- Lot size
- 0.10 lot acres
- Property size
- 18,519 SF
- Zone code
- R6
- Property type
- Retail residential properties
- APN
- 02451-0005
- APU
- 24510005
Description
This exceptional 707-square-foot commercial space, located at 380 South 4th Street in Brooklyn, New York, presents a unique opportunity for medical professionals or related businesses. Situated in Kings County, this single-tenant property offers a versatile layout ideal for a variety of medical office uses, including but not limited to, physician practices, dental offices, or physical therapy clinics. The space boasts a functional design with a ceiling height of nine feet, providing ample room for comfortable patient interaction and efficient workflow. The property is classified as Retail, Office, and specifically as a Medical Office, Fitness, Street Retail, Mixed Use, and Community Facility, making it suitable for a range of potential tenants. The entire 707 square feet is currently vacant and ready for immediate occupancy. Its prime location in Brooklyn, New York, zip code 11211, offers excellent visibility and accessibility for patients and staff. This property is available for lease and represents an attractive investment opportunity in a thriving Brooklyn neighborhood. The building's single-tenant occupancy ensures a streamlined and straightforward leasing process. Interested parties are encouraged to inquire further to explore the possibilities this space offers. The property's diverse subtype classifications highlight its adaptability to various medical and related businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,535,000
- 6.5%
- $6,565,000
- 7%
- $7,560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,930,000
- Geo Method
- $6,610,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,715,000
- Retail
- $7,000,000
- Mixed-Use
- $7,360,000
- Hospitality
- $6,385,000
- Educational
- $6,990,000
- Residential Income
- $8,095,000
- Energy
- $7,560,000
- Income-Based Land
- $8,175,000
- Food Service
- $6,140,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9528
- Latitude
- 40.708
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
