2516 Neptune Ave Brooklyn, NY 11224
- Medical offices
- 4,200 SF
- 0.28 lot acres
Current Use by Public Records
- Hoyt Transportation Corporation / Bus Charter
- A Song of Ascents Adult Day Care / Adult Day Care Center
Property Details for 2516 Neptune Ave
- Year built
- 1936
- Lot size
- 0.28 lot acres
- Property size
- 4,200 SF
- Zone code
- R5
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 07013-0001
- APU
- 70130001
Description
This exceptional 4,600 square foot industrial space, located in Kings County on a 12,000 square foot lot, presents a unique opportunity for a variety of businesses. Situated on the corner of W 27th St, this single-story building boasts a 13-foot ceiling height, providing ample vertical space. The property underwent a complete renovation in 2024, ensuring modern and efficient functionality. The space is currently vacant and ready for immediate occupancy. Features include heating and air conditioning, men's and women's restrooms, and windows in most offices. Ample parking is available with 50 secured spaces in the on-site lot. The property's versatile design makes it ideal for a wide range of uses, including medical centers, banks, retail establishments, rehabilitation centers, care facilities, gyms, schools, or general office space. The APN is 07013-0001. This prime Coney Island location offers excellent visibility and accessibility. Don't miss this chance to secure this exceptional industrial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,660,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,615,000
- 6.5%
- $2,405,000
- 7%
- $2,545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,645,000
- Geo Method
- $3,085,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,925,000
- Retail
- $2,510,000
- Mixed-Use
- $2,845,000
- Hospitality
- $2,975,000
- Educational
- $2,235,000
- Residential Income
- $2,530,000
- Energy
- $2,760,000
- Income-Based Land
- $2,675,000
- Food Service
- $2,445,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9933
- Latitude
- 40.5777
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
