Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $4,705,000
    Office Spaces

    1610 Dekalb Ave COM, Brooklyn, NY 11237-4190

    16,407 SF
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US63-3783170
    Property summary
    AI-generated overview

    This exceptional three-story, 16,982 square foot office condominium unit at 1610 Dekalb Avenue in Brooklyn, New York, presents a compelling investment opportunity. Currently operating as an outpatient medical clinic leased to Wyckoff Heights Medical Center, a prominent 350-bed teaching hospital located nearby, this property offers strong, stable income. The lease, expiring at the end of 2028 with a five-year extension option, includes an 8% annual rent increase scheduled for 2025. All three floors are utilized for medical examination rooms and offices. A significant added value is the inclusion of title to seven rooftop terraces situated above residential units. The asking price is $5,650,000, translating to a desirable $333 per square foot. The property's convenient location, half a block from the Dekalb Street L train station, enhances its appeal. Permitted uses are diverse and include educational, cultural, healthcare, medical, arts, non-profit, daycare, childcare, and religious organizations, offering flexibility for future tenants. This Kings County property (zip code 11237) is situated between Wyckoff Avenue and Irving Avenue, ensuring excellent visibility and accessibility.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Total area 16,407 SF
    Zoning code R6
    APN 03248-1001
    UPID US63-3783170
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wyckoff Medical Arts Building Medical Clinic
    • Olga Badem, Physician
    • Carmina Aybar Rodriguez Physician
    • Jaime Yun Physician
    • Shurovi Jafar Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.71M
    Owner & transaction history
    1610 Dekalb Partners LP · 11 yrs held
    1610 Dekalb Partners LP
    since 2015
    5 recorded transactions
    2015
    2014
    1969
    1969
    1969
    Zoning & alternative use
    R6 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1610 Dekalb Ave, Unit COM?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message