Property profile

703 Midwood St Brooklyn, NY 11203

OFF-MARKET
Specialty properties
Property ID
US63-1173288
21,227 SF Built 2024
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This stunning, brand-new five-story medical office building, completed in 2024, offers 21,227 square feet of versatile space at 703 Midwood St, Brooklyn, NY 11203, near Troy Ave. The building features five suites, with a minimum divisible space of 3,883 square feet and up to 21,227 square feet of contiguous space available. Currently, the entire 21,227 square feet is vacant. Each floor (excluding the cellar) offers approximately 4,000 square feet of net rentable space, with a gross area of 4,500 square feet. The unique cellar level, at 3,883 square feet, boasts high ceilings, ample windows, a private entrance, and elevator access. Importantly, the elevator is designed to accommodate a full ambulance stretcher, making this space ideal for various medical uses. The building's construction is approximately 45 feet by 100 feet. This property is perfect for a variety of uses including preschools, therapy centers, medical practices, non-profit organizations, and general office space. The building features 13-foot ceilings and is conveniently located in Brooklyn, NY.

Property profile

Verified
Property type Specialty properties
Year built 2024
Total area 21,227 SF
UPID US63-1173288

Cap rate & NOI

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

Location

703 Midwood St Brooklyn, NY 11203
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
7 recorded transactions
2026
Price N/A
2025
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2024
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2024
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2024
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2024
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2024
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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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