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25 8th Ave 4,000 SF Office/Medical Condo Unit Offered at $3,400,000 in Brooklyn, NY 11217
Executive Summary
I N V E S T M E N T H I G H L I G H T S Condominium ownership — offered as a standalone commercial condominium unit, providing a buyer clean fee-simple-style control free of ground lease or co-op board approval Landmarked, character-rich asset — original oak millwork, hardwood floors, and stained glass inside the historic Montauk Condominium, a Venetian Gothic landmark built in 1889 Fully occupied — 14 private offices and two conference rooms leased on flexible, short-term terms with a track record of a waiting list rather than vacancy All-inclusive rent structure — HVAC, electricity, 24/7 access, guest Wi-Fi, and shared conference rooms bundled into rent, supporting premium per square-foot economics Short-term lease rollover — flexible terms provide a buyer near-term optionality to mark rents to market across the portfolio of offices. Transit-rich Park Slope location — four subway lines (2, 3, B, Q) and three bus routes (B41, B67, B69) within steps of the building. Steps from Prospect Park — the neighborhood's centerpiece green space, along with the Brooklyn Museum, Botanic Garden, and Brooklyn Public Library, anchors demand.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
The suite is fully occupied on a rent roll of short-term, flexible leases — a
structure that has historically supported a waitlist for space rather than
vacancy. All-inclusive rent (HVAC, electricity, 24/7 access, guest Wi-Fi, and
conference room use) is typical for the submarket's boutique office product
and supports steady renewal demand.
Original hardwood floors, oak millwork, operable windows, and stained glass
details throughout the space distinguish it from commodity co-working
product, while the building's landmark status protects its
architectural character for the long term.
The building sits next to Grand Army Plaza and Prospect Park, and is
served directly by the 2, 3, B, and Q subway lines plus the B41, B67, and
B69 bus routes — placing the asset within one of Brooklyn's most
established and highest-demand neighborhoods.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 4,000 SF | Office/Medical | $3,400,000 ($850.00/SF) | - |
Unit 1
| Unit Size |
| 4,000 SF |
| Condo Use |
| Office/Medical |
| Price |
| $3,400,000 ($850.00/SF) |
| NOI |
| - |
Unit 1
| Unit Size | 4,000 SF |
| Condo Use | Office/Medical |
| Price | $3,400,000 ($850.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Montauk Offices is offered as a commercial condominium unit occupying the lower level of the landmarked Montauk Condominium, an 1889 Venetian Gothic clubhouse at the corner of 8th Avenue and Lincoln Place in the heart of Park Slope, Brooklyn. The space is an adaptive reuse of the building's historic four-lane bowling alley, reimagined as 14 private offices with two shared conference rooms, a shared kitchen, and a lounge.<br> The suite is fully occupied on a rent roll of short-term, flexible leases — a<br> structure that has historically supported a waitlist for space rather than<br> vacancy. All-inclusive rent (HVAC, electricity, 24/7 access, guest Wi-Fi, and<br> conference room use) is typical for the submarket's boutique office product<br> and supports steady renewal demand.<br> Original hardwood floors, oak millwork, operable windows, and stained glass<br> details throughout the space distinguish it from commodity co-working<br> product, while the building's landmark status protects its<br> architectural character for the long term.<br> The building sits next to Grand Army Plaza and Prospect Park, and is<br> served directly by the 2, 3, B, and Q subway lines plus the B41, B67, and<br> B69 bus routes — placing the asset within one of Brooklyn's most<br> established and highest-demand neighborhoods.</li></ul> |
Property Facts
| Total Building Size | 21,657 SF | Typical Floor Size | 4,331 SF |
| Property Type | Office (Condo) | Year Built | 1891 |
| Building Class | B | Lot Size | 0.14 AC |
| Floors | 5 | ||
| Zoning | R8X - High density residential district | ||
| Total Building Size | 21,657 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 4,331 SF |
| Year Built | 1891 |
| Lot Size | 0.14 AC |
| Zoning | R8X - High density residential district |
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Metro/Subway
- Security System
