1080 Mcdonald AveBrooklyn, NY 11204
- Mixed-use properties
- 130,404 SF
Property Details for 1080 Mcdonald Ave
- Year built
- 1965
- Lot size
- 1.78 AC
- Property size (Sq ft)
- 130,404 SF
- Zone code
- M1-1
- Property type
- Mixed-use properties
- Property subtype
- Retail residential properties
- APN
- 05457-0110
- APU
- 54570110
Description
This exceptional 800-square-foot medical office space is ideally situated at 1080 McDonald Avenue in Brooklyn, New York, within Kings County. Currently vacant, the entire space is available for immediate occupancy, presenting a unique opportunity for a medical professional or related business. The property is classified as retail, office, and restaurant space, with a primary subtype of medical office and a secondary subtype of shopping center. The building's total square footage is 800 square feet, all of which is currently vacant and ready for tenant improvements. The single-tenant occupancy allows for complete control and customization of the space. The location offers excellent visibility and accessibility, situated within a larger commercial complex, potentially allowing for expansion beyond the initial 800 square feet, as indicated by the possibility of additional space becoming available. The property's address is 1080 McDonald Avenue, Brooklyn, NY 11204. This presents a rare chance to establish a thriving practice in a high-traffic area with significant potential for growth. The property is categorized as a medical office within a larger shopping center environment, offering a unique blend of accessibility and professional image. This turnkey space is ready for immediate occupancy and customization to meet the specific needs of a medical practice. The property's location in Kings County, New York, provides easy access to major transportation routes and a diverse patient base.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $26,733,998
- 6.5%
- $24,677,538
- 7%
- $22,914,856
-
Comparable approach
- Method
- Valuation
- Relative Method
- $26,409,810
- Geo Method
- $26,409,810
-
Alternative Use
- Use
- Valuation
- Residential
- $24,677,538
- Hospitality
- $22,604,492
- Educational
- $18,806,672
- Medical
- $19,453,462
- Retail
- $29,254,822
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.6266
- Longitude
- -73.977
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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