423 39Th St Brooklyn, NY 11232
- Office buildings
- 8,000 SF
- 0.05 lot acres
Current Use by Public Records
- Turning Point Discipleship / Learning Center
Property Details for 423 39Th St
- Year built
- 2008
- Lot size
- 0.05 lot acres
- Property size
- 8,000 SF
- Zone code
- M1-2
- Property type
- Office buildings
- APN
- 00705-0067
- APU
- 7050067
Description
This Class A, four-story office building (8,000 square feet) in Brooklyn, NY, is 100% vacant and ready for immediate occupancy. Built in 2008, the property features four units totaling 8,000 net rentable square feet, with a ground floor of approximately 1,600 square feet, two 2,000 square foot floors, and a 1,600 square foot top floor, each with its own unique layout. Additionally, there is an 800 square foot basement. The building also includes two terraces. The property sits on a 2,200 square foot lot and is zoned M1-2, offering versatility for a range of uses. Ideal for an end-user or investor seeking a value-add opportunity, the building requires cosmetic upgrades. Its prime location in Brooklyn makes it suitable for various purposes, including non-profit organizations, schools, daycare centers, senior centers, or medical facilities. The building is equipped with an elevator, enhancing accessibility. The vacant status presents a unique chance to customize the space to meet specific needs. This is a rare opportunity to acquire a well-located, multi-unit office building in a thriving Brooklyn neighborhood. The property's size and zoning provide significant flexibility for future development or adaptation. The building's existing infrastructure, including the elevator, provides a solid foundation for immediate occupancy and future improvements.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0053
- Latitude
- 40.6524
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA