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    2108 Linden Blvd Brooklyn, NY 11207
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    Property profile & analytics

    2108 Linden Blvd Brooklyn, NY 11207

    View on Map
    • Office buildings
    • 2,200 SF
    • 0.11 lot acres
    For Sale
    $1,500,000
    View Listing →
    Medical Office Building For Sale For Sale
    $1,500,000
    2,200 SF

    Medical Office Building For Sale

    One-story commercial building used as a medical office for 30+ years.

    2108 Linden Blvd, Brooklyn, NY
    View Listing
    Property ID
    US63-1919379
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Somsri Ratanaprsatporn, MD / Pediatrician / Medical Clinic
    • Viisionary Mental Health / Crisis Center / Medical Clinic
    • Brighter Star Mental Health / Crisis Center / Medical Clinic
    • Ratanaprasatpo Siew MD / Physician
    • Shirley M. Oliver, MSEd / Counselor

    Property Details for 2108 Linden Blvd

    Year built
    1950
    Lot size
    0.11 lot acres
    Property size
    2,200 SF
    Zone code
    R5
    Property type
    Office buildings
    APN
    04354-0001
    APU
    43540001

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $975,000
      6.5%
      $900,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,037,000
      Market price range: $797k - $2.01M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,210,000
      Current use
      WAREHOUSE, STORAGE
      $1,105,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.8843
    Latitude
    40.661
    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
    $12,822
    $69,750
    $51,300
    $121,050
    -
    $155,000
    $114,000
    $269,000

    Comparable in this City

    • Value Estimation
      $2,595,000
      10,000 SF

      102 Pilling St

      OFFICE BUILDING (MULTI-STORY) • 10,000 SF
      102 Pilling St, Brooklyn, NY 11207-1610
      View Details
    • Value Estimation
      $1,445,000
      5,000 SF

      509 Liberty Ave

      PROFESSIONAL BUILDING • 5,000 SF
      509 Liberty Ave, Brooklyn, NY 11207-3103
      View Details
    • Value Estimation by Request
      590 SF

      20 Marginal W St

      OFFICE BUILDING (MULTI-STORY) • 590 SF
      20 Marginal W St, Brooklyn, NY 11207-1810
      View Details
    • Value Estimation
      $1,290,000
      7,874 SF

      161 Jamaica Ave

      OFFICE BUILDING (MULTI-STORY) • 7,874 SF
      161 Jamaica Ave, Brooklyn, NY 11207-2049
      View Details
    • Value Estimation
      $580,000
      2,016 SF

      772 Vermont St

      OFFICE BUILDING (MULTI-STORY) • 2,016 SF
      772 Vermont St, Brooklyn, NY 11207-5861
      View Details
    • Value Estimation
      $735,000
      1,972 SF

      406 Vermont St

      OFFICE BUILDING (MULTI-STORY) • 1,972 SF
      406 Vermont St, Brooklyn, NY 11207-4214
      View Details

    Similar Nearby for Sale

    • $1,500,000
      2,200 SF

      Medical Office Building For Sale

      One-story commercial building used as a medical office for 30+ years.
      2108 Linden Blvd, Brooklyn, NY 11207
      View Details
    • $749,000

      Brooklyn Vacant Land For Sale

      Vacant corner lot suitable for mixed-use development in Brooklyn.
      2321 Pitkin Ave, Brooklyn, NY 11207
      View Details

    Similar Nearby for Lease

    • Contact for pricing

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      Retail and office spaces available in developing Brooklyn area.
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    • $5,500 /Mo

      Renovated Corner Storefront in Brooklyn

      Prime, renovated corner property suitable for retail, office, or showroom.
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    • Contact for pricing
      2,954 SF

      Brooklyn Retail/Office/Medical Space Available

      Accessible Brooklyn location suitable for retail, office, or medical use.
      2864-2886 Atlantic Ave, Brooklyn, NY 11207
      View Details
    • Contact for pricing
      7,800 SF

      Modern Medical Offices with Parking

      Modern, fully built medical offices in East New York.
      101 Pennsylvania Ave, Brooklyn, NY 11207
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    • $55 SF/Yr
      2,710 SF

      Prime Brooklyn Commercial Space

      Retail & Office Suites Available in East New York
      2667 Fulton St, Brooklyn, NY 11207
      View Details
    View Listing
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    Brooklyn, NY 11207
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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