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Property profile & analytics
OFF-MARKET Estimated value $8,110,000
Office buildings

2035 Ralph Ave Brooklyn, NY 11234-5300

22,000 SF 0.5 ac lot Built 1986
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-5656953
Property summary
AI-generated overview

This exceptional Kings County medical office building at 2035 Ralph Ave in Brooklyn, NY, offers a unique opportunity for healthcare professionals seeking versatile and well-located space. The property boasts a total of 4,550 square feet, currently featuring 6,550 square feet of vacant space available for lease. Multiple tenancy options are available, with suites ranging from a minimum of 1,000 square feet to a maximum contiguous space of 2,500 square feet. This allows for flexibility to accommodate practices of various sizes, from small individual practices to larger group practices. The building's classification as both retail and office space provides added versatility and potential for synergistic partnerships. The property is situated in the vibrant Brooklyn neighborhood, offering convenient access to major transportation routes and a diverse patient base. Its location in Kings County, New York, provides easy access to a wide range of amenities and services. The building's design and layout are well-suited for medical practices, offering ample space for examination rooms, waiting areas, and administrative offices. This is a rare opportunity to secure prime medical office space in a high-demand area. The zip code is 11234. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1986
Total area 22,000 SF
Lot 0.5 ac (21,875 SF)
Zoning code R3-2
APN 08339-0006
UPID US63-5656953
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
  • Dentistry Brooklyn New York Dental Office
  • Pediatrics Brooklyn Medical Clinic Pediatrician
  • Scott Medical Center Medical Clinic
  • GS Dental Associates Dental Office
  • Damadian MRI in Canarsie PC Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.01M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.11M
Owner & transaction history
Fulton & Franklin Realty LLC · 11 yrs held
Fulton & Franklin Realty LLC
since 2014
7 recorded transactions
2025
Price N/A
2014
$13.7M
2010
Price N/A
2008
$12.9M
2008
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
R3-2 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $12.5M +3.1%
Retail stores $12.2M +0.7%
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