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    OFF-MARKET
    Manufacturing properties

    910 Brooklyn Ave, Brooklyn, NY 11216

    1,721 SF Built 1910
    Property ID
    US63-1494187
    Property summary
    AI-generated overview

    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."

    Property profile
    Verified
    Property type Manufacturing properties
    Year built 1910
    Total area 1,721 SF
    UPID US63-1494187
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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