3605 Fort Hamilton Pkwy, Brooklyn, NY 11218
For Sale
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This exceptional 11,950-square-foot medical office building presents a unique investment opportunity in the heart of Brooklyn's Boro Park neighborhood. Located at 3605 Fort Hamilton Parkway, this single-unit property boasts a prominent corner location with 243 feet of frontage on a high-traffic thoroughfare. The building sits on an 11,950-square-foot lot and is zoned M1-2, offering significant potential for development. While the existing building comprises 11,000 square feet, the zoning allows for a substantial increase in buildable square footage, with an estimated 23,000 square feet of commercial buildable space and an approximate 57,360 square feet community bonus. This prime location is ideal for a variety of uses, including yeshivas, offices, and medical facilities, making it an attractive proposition for investors seeking a high-return opportunity in a thriving Brooklyn community. The property's size and zoning regulations present a compelling case for expansion or redevelopment, capitalizing on the area's strong demand for commercial space. This is a rare chance to acquire a significant property in a highly desirable location with substantial upside potential.
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Memo Auto Repair Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-2 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.