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1055-1063 63rd St
Brooklyn, NY 11219
TEN63 Corporate Sphere · Office Property For Sale


Investment Highlights
- 77,100 SF institutional-scale building
- Built for medical occupancy
- On-site parking
- 66,300 SF configured for medical office use
- Substantial electrical capacity for medical offices
- Approximately one mile from Maimonides Medical Center and NYU Langone Hospital–Brooklyn
Executive Summary
TEN63 Medical Center | Institutional Medical Office Opportunity
TEN63 Medical Center presents the opportunity to acquire a 77,100-square-foot institutional-scale medical office building located at 1055–1063 63rd Street in Brooklyn, New York.
The property includes approximately 66,300 square feet configured for medical office use across the basement through the seventh floor, featuring large, efficient floor layouts ranging from approximately 5,000 to 12,500 square feet. The eighth and ninth floors provide additional occupancy opportunities, offering flexibility for a variety of ownership and leasing strategies.
Designed for medical use, the building offers infrastructure capable of supporting a wide range of healthcare operations, including substantial electrical capacity for advanced medical equipment. The property also includes on-site parking to accommodate medical office users.
Located in Borough Park, TEN63 Medical Center is within approximately one mile of Maimonides Medical Center and NYU Langone Hospital–Brooklyn, placing it in close proximity to two of Brooklyn's major healthcare institutions.
TEN63 Medical Center offers investors, healthcare systems, owner-users, and medical real estate operators the opportunity to acquire a large-scale medical office asset with the flexibility to accommodate a broad range of outpatient healthcare and professional medical uses.
A detailed pro forma, including projected NOI and stabilized financial projections, is available in the Offering Memorandum
TEN63 Medical Center presents the opportunity to acquire a 77,100-square-foot institutional-scale medical office building located at 1055–1063 63rd Street in Brooklyn, New York.
The property includes approximately 66,300 square feet configured for medical office use across the basement through the seventh floor, featuring large, efficient floor layouts ranging from approximately 5,000 to 12,500 square feet. The eighth and ninth floors provide additional occupancy opportunities, offering flexibility for a variety of ownership and leasing strategies.
Designed for medical use, the building offers infrastructure capable of supporting a wide range of healthcare operations, including substantial electrical capacity for advanced medical equipment. The property also includes on-site parking to accommodate medical office users.
Located in Borough Park, TEN63 Medical Center is within approximately one mile of Maimonides Medical Center and NYU Langone Hospital–Brooklyn, placing it in close proximity to two of Brooklyn's major healthcare institutions.
TEN63 Medical Center offers investors, healthcare systems, owner-users, and medical real estate operators the opportunity to acquire a large-scale medical office asset with the flexibility to accommodate a broad range of outpatient healthcare and professional medical uses.
A detailed pro forma, including projected NOI and stabilized financial projections, is available in the Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
95,103 SF
Building Class
A
Year Built/Renovated
2023/2026
Price
$49,717,534 CAD
Price Per SF
$522.78 CAD
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
10,000 SF
Building FAR
7.04
Lot Size
0.31 AC
Zoning
R5B - R5B – The property is located within an R5B Residence District and is improved with an existing medical/community facility building. The existing impr
Amenities
- Metro/Subway
Property Taxes
| Parcel Number | 05730-0032 | Improvements Assessment | $2,024,711 CAD |
| Land Assessment | $292,806 CAD | Total Assessment | $2,317,517 CAD |
Property Taxes
Parcel Number
05730-0032
Land Assessment
$292,806 CAD
Improvements Assessment
$2,024,711 CAD
Total Assessment
$2,317,517 CAD
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