1983 Rockaway Pkwy Brooklyn, NY 11236
- Office buildings
- 864 SF
- 0.07 lot acres
Current Use by Public Records
- Stephen M. Oddo, MD - The Eye Care Center / Ophthalmologist / Doctor
- Sciortino Patrick MD / Ophthalmologist
- Eye Care Center / Ophthalmologist
Property Details for 1983 Rockaway Pkwy
- Year built
- 1910
- Lot size
- 0.07 lot acres
- Property size
- 864 SF
- Zone code
- R4-1
- Property type
- Office buildings
- APN
- 08300-0020
- APU
- 83000020
Description
This 576-square-foot commercial office building in Brooklyn's Canarsie neighborhood is available for $450,000. Situated on a 3,120-square-foot lot (26' x 120'), this one-story detached building features R4 zoning. The property includes a basement offering additional storage space. Its location on Rockaway Parkway provides excellent visibility and accessibility. The building has been well-maintained and is ideal for various professional uses, potentially including a medical practice. The property will be delivered vacant at closing. Additional income potential exists through the rental of available parking spaces. Cash offers are strongly preferred. This presents a compelling investment opportunity in a desirable Brooklyn location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $275,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $245,000
- Mixed-Use
- $270,000
- Hospitality
- $320,000
- Educational
- $270,000
- Residential Income
- $280,000
- Energy
- $270,000
- Income-Based Land
- $325,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.8901
- Latitude
- 40.6346
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA