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    FOR LEASE
    Office buildings

    8746 20Th Ave, Brooklyn, NY 11214

    16,489 SF 0.08 ac lot Built 2008
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US63-6227587
    Property summary
    AI-generated overview

    This exceptional Class A office building, constructed in 2018, offers a unique blend of modern design and functionality. Located in the heart of Bensonhurst, this single-tenant property boasts 5,450 square feet of vacant space, divisible into three floors. Each floor is easily accessible via elevator and features high ceilings and central air conditioning, creating a comfortable and productive work environment. The building's prime location offers convenient access to Belt Parkway, enhancing its appeal for businesses needing easy transportation links. The interior and exterior showcase unique architectural designs, setting it apart from typical office spaces. Suitable for a variety of businesses, this property is ideal for companies seeking a professional and modern setting, whether expanding or establishing a new presence. The zoning is R5, C1-2. The building includes a second floor and lower level office space. Handicap accessibility is ensured throughout the building. This is a rare opportunity to secure a high-quality, newly built office space in a thriving neighborhood.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 2008
    Total area 16,489 SF
    Lot 0.08 ac (3,333 SF)
    Zoning code R5
    APN 06408-0044
    UPID US63-6227587
    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
    • Sensory Freeway Medical Clinic
    • Northwell Health Physician Partners at Bath Beach Medical Clinic
    • Elizabeth Harrington, FNP Medical Clinic
    • Sensory Freeway new High School
    • Dr. Michael Schirripa Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.86M
    Owner & transaction history
    8746 20th Realty LLC · 6 yrs held
    8746 20th Realty LLC
    since 2019
    7 recorded transactions
    2020
    2019
    $4.5M
    2017
    2016
    2016
    $1.9M
    2005
    $675,500
    1969
    Zoning & alternative use
    R5 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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