Description

869 & 913 Thomas S Boyland Street present a rare opportunity to acquire a fully leased, vintage office asset totaling 48,000 rentable square feet in Brooklyn’s dynamic Thomas S. Boyland Street corridor. Constructed in 1930 and meticulously maintained, the property is 100 percent occupied across a diverse mix of co-working, creative, executive, medical office and R&D/Life Science layouts, delivering immediate, stable cash flow from day one.

With an in-place net operating income of $429,493 and an annual rent roll of $83,043.79, this asset offers attractive, hands-off returns for the investor seeking steady income in the New York market. Situated on a consolidated 0.32-acre parcel zoned R6 with an FAR of 3, the offering not only reflects current income strength but also provides strategic upside through rent growth, tenant reconfiguration or future densification in line with local zoning allowances.

Positioned in zip code 11212, this property benefits from strong neighborhood demographics, immediate access to major thoroughfares and proximity to multiple public transit lines. Whether you’re a value-add investor looking to unlock further NOI enhancement or a long-term holder seeking stable entry into Brooklyn’s office market, 869 & 913 Thomas S Boyland Street represents a best-in-class acquisition with both current performance and future growth potential.