Technical
Financial
Distress signals
Property profile

380 4th St 29 Brooklyn, NY 11211

OFF-MARKET
Retail residential properties
Property ID
US63-0076383
18,519 SF 0.1 ac lot Built 1915
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 707-square-foot commercial space, located at 380 South 4th Street in Brooklyn, New York, presents a unique opportunity for medical professionals or related businesses. Situated in Kings County, this single-tenant property offers a versatile layout ideal for a variety of medical office uses, including but not limited to, physician practices, dental offices, or physical therapy clinics. The space boasts a functional design with a ceiling height of nine feet, providing ample room for comfortable patient interaction and efficient workflow. The property is classified as Retail, Office, and specifically as a Medical Office, Fitness, Street Retail, Mixed Use, and Community Facility, making it suitable for a range of potential tenants. The entire 707 square feet is currently vacant and ready for immediate occupancy. Its prime location in Brooklyn, New York, zip code 11211, offers excellent visibility and accessibility for patients and staff. This property is available for lease and represents an attractive investment opportunity in a thriving Brooklyn neighborhood. The building's single-tenant occupancy ensures a streamlined and straightforward leasing process. Interested parties are encouraged to inquire further to explore the possibilities this space offers. The property's diverse subtype classifications highlight its adaptability to various medical and related businesses.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1915
Total area 18,519 SF
Lot 0.1 ac (4,550 SF)
Zoning code R6
APN 02451-0005
UPID US63-0076383

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement General Contractor
  • (Bike/Boat/Book/etc) Store

Location

380 4th St, Unit 29 Brooklyn, NY 11211-6592
Brooklyn metro Census 52700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.58M

Owner & transaction history

since 2023
Last sale
$7.1M
7 recorded transactions
2023
$7.1M
2014
$8.2M
2014
Price N/A
2007
$3.2M
2004
$1.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R6 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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