910 Brooklyn Ave, Brooklyn, NY 11216
This 1,721 square foot, six-story condo in Brooklyn's Crown Heights Historic District offers a unique investment opportunity. Located at 910 Park Place, this property features two separate deeded units (1A & 1B) totaling 1,675 square feet, currently configured as a turnkey medical office established in 2013. The space includes six examination rooms, three offices, a waiting area, reception area, testing room, and two bathrooms. Alternatively, it can easily be converted back into two residential units (a 740 sq ft 1-bedroom and a 935 sq ft 2-bedroom) or repurposed as an office, community center, or other commercial use. The building boasts an elevator, and the unit has its own separate entrance. Low monthly common charges of approximately $695.23 cover heat, hot and cold water, and more. The property is zoned R5, allowing for flexibility in its use. Situated in a vibrant neighborhood near museums, restaurants, shopping, and public transportation, this property offers immediate occupancy and significant upside potential. The asking price is $888,000. Features include pet allowance, washer/dryer hookups, and financing options. This is a full-equity condo with pieds-à-terre allowed. The property is being sold "as is."
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
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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.