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Property profile & analytics
FOR LEASE
Office buildings

3044 Coney Island Ave Brooklyn, NY 11235

33,000 SF 0.25 ac lot Built 2000
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-0825254
Property summary
AI-generated overview

This exceptional Class A medical office space, totaling 2,500 square feet, is located at 3044 Coney Island Avenue, Brooklyn, NY 11235, near Neptune Avenue. The single-tenant property boasts a newly renovated interior featuring abundant natural light from numerous windows throughout. The building is zoned R6, OP. Convenient parking is available for an additional fee, a significant advantage in this high-traffic area. Its strategic location provides easy access to the Belt Parkway, ensuring excellent accessibility for both patients and staff. This property presents a rare opportunity to acquire a well-maintained, modern medical office space in a thriving Brooklyn neighborhood. The building itself is elevated, offering potential benefits in terms of visibility and accessibility. The space is ideal for a variety of medical practices seeking a well-appointed and conveniently located office. This is a turnkey solution for a medical professional looking to establish or expand their practice in a high-demand area. The property's features and location combine to create a highly desirable and functional workspace.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2000
Total area 33,000 SF
Lot 0.25 ac (10,886 SF)
Zoning code R6
APN 07264-0072
UPID US63-0825254
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
  • Evgeny Fink Physician
  • Advancefi Business Service Center
  • Bridge Back To Life Foster Care Service Social Service Agency
  • Dr. Lana Gaiton Physician Medical Clinic
  • Everett Miller Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.72M
CAP Approach CAP
$13.51M
Comparable Approach Comparable
$15.30M
Blend (final) Blend
$14.49M
Owner & transaction history
3044 Coney Island Realty LLC · 4 yrs held
3044 Coney Island Realty LLC
since 2022
Last sale
$14.4M
3 recorded transactions
2022
$14.4M
2009
Price N/A
1969
Price N/A
Zoning & alternative use
R6 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $18.7M +13.7%
Warehouse, storage $16.5M +0.4%
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