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    1600 W 5Th St Brooklyn, NY 11204
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    Property profile & analytics

    1600 W 5Th St Brooklyn, NY 11204


    • Investment properties
    • 3,312 SF
    • 0.03 lot acres
    Bensonhurst Commercial Unit For Rent For Lease
    $34 SF/Yr

    Bensonhurst Commercial Unit For Rent

    Commercial unit in Bensonhurst, previously a medical office.

    1600 West 5th Street, Brooklyn, NY 11204
    View Listing
    Property ID
    US63-0870828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,480,000
    Cap Rate Potential
    8.1%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Becker Leo DDS / Dental Office
    • Rosner Neil DDS / Dental Office

    Property Details for 1600 W 5Th St

    Year built
    1930
    Lot size
    0.03 lot acres
    Property size
    3,312 SF
    Zone code
    R5B
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    06601-0047
    APU
    66010047

    Description

    This 1,104 square foot office space in Bensonhurst, Brooklyn, is available for lease at $3,998 per month. Located at 1600 West 5th Street, this single-tenant property sits on a 1,460 square foot lot and was built in 1930. Previously used as a medical office, the space features five rooms and one and a half bathrooms. Heat and hot/cold water are included in the monthly rent. The property is situated in a vibrant neighborhood with a diverse range of amenities, including local shops, restaurants, and parks. Public transportation is readily accessible, with the N and F subway lines, as well as the B4, B6, and B82 bus routes, all conveniently located nearby. This makes it an ideal location for businesses seeking a thriving and easily accessible area. The building is a single-suite structure within Kings County. This presents a unique opportunity for a business seeking a well-located, established space in a bustling Brooklyn neighborhood. The property's history as a medical office suggests potential for various professional uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,480,000
      ML approach
      $1,480,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,005,000
      6.5%
      $1,850,000
      7%
      $1,720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,324,000
      Market price range: $1.32M - $2.10M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,660,000
      Current use
      OFFICE BUILDING
      $1,825,000
      Change: +10% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,660,000
      Change: +0% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9789
    Latitude
    40.6083
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,466
    $9,840
    $76,320
    $86,160
    -
    $164,000
    $1,272,000
    $1,436,000
    View Listing
    More about this property
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