583 23Rd St, Brooklyn, NY 11210
This exceptional 6,612 square foot executive office building, constructed in 2010, presents a remarkable opportunity for owner-users or non-profit organizations. Located in the desirable Ditmas Park neighborhood of Brooklyn, New York, this two-story building sits on a 5,000 square foot lot and boasts a turnkey condition. The property is zoned R3X and offers convenient access to public transportation, being just half a mile from the 2, 5, B, and Q subway lines at Newkirk Avenue and Newkirk Plaza stations. The building features a spacious sanctuary area with a 90-person seating capacity, perfect for large gatherings or events. Additional amenities include four bathrooms, multiple meeting rooms, a rectory, and a reception area, all easily accessible via an elevator. Two on-site parking spaces add to the convenience. The asking price is $2,900,000, translating to a land value of $439 per square foot. Currently delivered vacant, this property is ready for immediate occupancy and offers a unique blend of functionality and prime location. Its immaculate condition and versatile layout make it an ideal investment for a discerning buyer seeking a high-quality, well-maintained office space in a thriving Brooklyn community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.