8746 20th Ave
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8746 20th Ave
16,489 SF 67% Leased Office Building Brooklyn, NY 11214 £4,721,100 (£286/SF) 5.01% Net Initial Yield
Investment Highlights
- Newly Built Office Building (2018)
- Elevator Building
- High Ceilings
- Close Proximity to Belt Pkwy
Executive Summary
Office Building for Sale
Presenting a modern, newly built office building, constructed in 2018, located in a prime Brooklyn location. This property features high ceilings, central air conditioning, and an elevator for seamless accessibility, ensuring a sophisticated and functional space for professional use.
Situated near the Belt Parkway, the building offers excellent connectivity, enhancing convenience for clients and employees. Its contemporary design and strategic location make it an exceptional investment opportunity for businesses or portfolios seeking quality and versatility.
- Sub-Lower Level: Vacant
- Lower Level: Physical Therapy: Oct 2021 - Oct 2031, + 5 Yr Option
- First Floor: Northwell Hospital: Nov 2023 - Oct 2028
- Second Floor: Vacant
- Third Floor: Pediatrics: Oct 2023 - Sep 2028
Contact the listing agent for further details or to arrange a private viewing.
Presenting a modern, newly built office building, constructed in 2018, located in a prime Brooklyn location. This property features high ceilings, central air conditioning, and an elevator for seamless accessibility, ensuring a sophisticated and functional space for professional use.
Situated near the Belt Parkway, the building offers excellent connectivity, enhancing convenience for clients and employees. Its contemporary design and strategic location make it an exceptional investment opportunity for businesses or portfolios seeking quality and versatility.
- Sub-Lower Level: Vacant
- Lower Level: Physical Therapy: Oct 2021 - Oct 2031, + 5 Yr Option
- First Floor: Northwell Hospital: Nov 2023 - Oct 2028
- Second Floor: Vacant
- Third Floor: Pediatrics: Oct 2023 - Sep 2028
Contact the listing agent for further details or to arrange a private viewing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,489 SF
Building Class
B
Year Built/Renovated
2008/2018
Price
£4,721,100
Price Per SF
£286
Net Initial Yield
5.01%
NOI
£236,372
Percent Leased
67%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,200 SF
Building FAR
4.73
Lot Size
0.08 AC
Zoning
R5
Amenities
- High Ceilings
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| Lower Level | 2,800 SF | Office/Medical | Full Build-Out | Now |
| 2nd Floor | 2,650 SF | Office/Medical | Full Build-Out | Now |
Lower Level
| Size |
| 2,800 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 2,650 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
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STREET
MAP
Lower Level
| Size | 2,800 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
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STREET
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2nd Floor
| Size | 2,650 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 06408-0044 | Improvements Assessment | £925,572 |
| Land Assessment | £147,652 | Total Assessment | £1,073,224 |
PROPERTY TAXES
Parcel Number
06408-0044
Land Assessment
£147,652
Improvements Assessment
£925,572
Total Assessment
£1,073,224
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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8746 20th Ave
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