Commercial Sale · Office
1519, Parada 23 AVE. PONCE DE LEÓN, ESQ CALLE DEL PARQUE, SAN JUAN, PR, 00908
Active1188 days on marketListed May 20, 2023MLS #PR9100319
About this property
The property at a glance
Modern Office Space in Santurce’s Premier Business District: Located in one of Santurce’s most sought-after commercial areas, this beautifully designed office space sits on the 12th floor of the First Bank building, right next to Ciudadela. Recently renovated with modern, breezy touches, the space offers abundant natural light, high exposed ceilings, and panoramic views of Condado and Santurce. Spanning 8,300 sq. ft., the space is fully furnished and features 10 private offices, a gym, and an open-concept layout ideal for small to medium creative firms. Tenant pays for CAM. Conveniently within walking distance of Lote 23, Museo de Puerto Rico, Centro Europa, restaurants, offices, and retail establishments, this prime location offers both business connectivity and lifestyle convenience. The building offers 24-hour security, direct mail service to the suite, a full backup generator, a water cistern, and three underground parking levels. An excellent opportunity to establish your business in one of Santurce’s most vibrant commercial hubs.
8,300
Building sq ft
$253
Price / sq ft
0
Lot acres
1980
Year built
1
Building
Office
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$11,528/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Angela to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
Recent sales
What actually sold near 1519
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$30,000
177 CALLE ROMERILLO
Sold Dec 10, 2025
$122,000
Urb Reparto Metropolitano AVE. AMERICO MIRANDA
Sold Jun 2, 2025
$15,000
1521 Ave. Jesus T Piñero CAPARRA TERRACE
Sold May 11, 2025
Your team
The pros in your corner
Your agent
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 1519 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1519.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of ELITE REALTY LLC · Alexandra Lugo. MLS #PR9100319.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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