1080 Mcdonald AveBrooklyn, NY 11204

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

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.

• CAP approach

  CAP return

  Valuation

  6%

  $24,580,300

  6.5%

  $22,689,500

  7%

  $21,068,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,379,400

  Geo Method

  $17,379,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $44,405,100

  Retail / Commercial

  $22,770,700

  Hospitality / Lodging

  $16,646,600

  Office

  $22,554,700

  Institutional / Educational

  $23,588,000

  Residential Income

  $27,597,900

  Multifamily

  $33,099,500

  Automotive / Energy

  $20,218,300

  Parking / Income-Based Land

  $6,977,080

  Restaurant / Food Service

  $11,801,000

  Healthcare / Senior Housing

  $23,267,700

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

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