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    Property profile & analytics
    OFF-MARKET Estimated value $795,000
    Investment properties

    450 Bay Rdg Pkwy, Brooklyn, NY 11209-2702

    2,658 SF 0.05 ac lot Built 1910
    Trust Owned 13-yr Hold Free & Clear
    Property ID
    US63-1245038
    Property summary
    AI-generated overview

    This exceptional 840-square-foot office space is ideally situated at 450 Bay Ridge Parkway in Brooklyn, New York, within the historic limestone buildings of Doctor's Row. The single-tenant occupancy offers a convenient and efficient layout perfect for a variety of professional uses. The space boasts a spacious reception area, a sizable office, and three well-appointed exam rooms, making it particularly suitable for medical practices or similar businesses. Additional features include a dedicated bathroom and ample storage space. The property is conveniently located near the R train, ensuring easy access for both staff and clients. Tenants are responsible for all utilities. The building is located in Kings County (Brooklyn), New York, with a zip code of 11209. This prime location offers a blend of professional prestige and convenient accessibility. The property's layout and amenities provide a comfortable and functional workspace, ready for immediate occupancy. The building's historic character adds a unique and desirable element to this already attractive offering. This is a fantastic opportunity to establish a thriving business in a highly sought-after Brooklyn neighborhood.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1910
    Total area 2,658 SF
    Lot 0.05 ac (2,000 SF)
    Zoning code R5B
    APN 05941-0027
    UPID US63-1245038
    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
    • Funaro Richard A MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.03M
    Blend (final) Blend
    $795k
    Owner & transaction history
    Cafaro Doreen E 2012 C S Trust · 13 yrs held
    Cafaro Doreen E 2012 C S Trust
    since 2012
    1 recorded transaction
    2012
    Zoning & alternative use
    R5B · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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