1575 19Th StBrooklyn, NY 11230

Property Details for 1575 19Th St

Year built

2004

Lot size

0.09 AC

Property size (Sq ft)

18,000 SF

Zone code

R7A

Property type

Office buildings

APN

06766-0073

APU

67660073

Description

This exceptional 18,000-square-foot medical office building, located at 1575 East 19th Street in Brooklyn, New York, presents a unique opportunity for a single tenant. Situated in Kings County, this five-story building offers a completely vacant space, ready for immediate occupancy and customization. The property boasts a desirable R7A zoning classification, providing flexibility for a wide range of medical uses. The building's total square footage is 18,000 square feet, all of which is currently available for lease. The address is 1575 E 19th St, Brooklyn, NY 11230. Its convenient location offers excellent accessibility for patients and staff. This is a single-tenant occupancy building, providing privacy and control over the entire space. The building's size and layout are ideal for a large medical practice or a group of related medical professionals seeking a prominent location in a thriving Brooklyn neighborhood. The property is ready for immediate lease and offers a blank canvas for a tenant to create their ideal medical facility. Interested parties are encouraged to inquire for further details and leasing information. The property is located at 40.6117565 latitude and -73.9546495 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $2,975,938

  6.5%

  $2,747,020

  7%

  $2,550,804

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,351,880

  Geo Method

  $2,351,880

• Alternative Use

  Use

  Valuation

  Residential

  $3,406,304

  Hospitality

  $3,120,156

  Educational

  $2,595,933

  Medical

  $2,685,212

  Retail

  $4,038,118

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6118

Longitude

-73.9547

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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