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1414 W 4th St - Medical Facility - Ground FL Commercial Condo 8,840 SF Office/Medical Condo Unit Offered at $7,458,328 CAD in Brooklyn, NY 11204
Executive Summary
Located in a prime Brooklyn location, 1414 W 4th St offers a rare opportunity to own a ground-floor commercial condo, perfectly suited for medical professionals or investors. This state-of-the-art facility has been fully built out as a modern medical and dialysis center, featuring top-tier design and infrastructure to accommodate a range of healthcare services. With central heating and cooling, the space ensures a comfortable and efficient environment for both patients and staff. A significant advantage of this property is the 15-year tax abatement in place until 2033, providing long-term financial benefits for the owner. Its strategic location offers convenient access to Belt Parkway, ensuring easy connectivity for clients and employees. Whether for an established practice or a growing healthcare business, this turnkey medical facility presents an exceptional investment in one of Brooklyn’s thriving commercial corridors.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
- 15 Years Tax Abatement in Place (2033)
- Fully Built Brand New State of the Art Medical / Dialysis Facility
- Central Heating and Cooling
- Close Access to Belt Pkwy
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C1 | 8,840 SF | Office/Medical | $7,458,328 CAD ($843.70 CAD/SF) | - |
Unit C1
| Unit Size |
| 8,840 SF |
| Condo Use |
| Office/Medical |
| Price |
| $7,458,328 CAD ($843.70 CAD/SF) |
| NOI |
| - |
Unit C1
| Unit Size | 8,840 SF |
| Condo Use | Office/Medical |
| Price | $7,458,328 CAD ($843.70 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| - Ground Floor Commercial Condo for Sale<br> - 15 Years Tax Abatement in Place (2033)<br> - Fully Built Brand New State of the Art Medical / Dialysis Facility<br> - Central Heating and Cooling<br> - Close Access to Belt Pkwy</li></ul> | |
| Sale Notes | |
| 15 Years Tax Abatement</li></ul> |
Property Facts
| Total Building Size | 52,326 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 7,500 SF |
| Property Subtype | Apartment | Year Built | 2018 |
| Building Class | A | Lot Size | 0.27 AC |
| Zoning | R6 - a medium-density, contextual residential zone, allowing for a mix of building types, including townhouses and small residential buildings | ||
| Total Building Size | 52,326 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 5 |
| Typical Floor Size | 7,500 SF |
| Year Built | 2018 |
| Lot Size | 0.27 AC |
| Zoning | R6 - a medium-density, contextual residential zone, allowing for a mix of building types, including townhouses and small residential buildings |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | - |
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1414 W 4th St - Medical Facility - Ground FL Commercial Condo
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