Established Medical-Dental Practice
139 Centre Street New York, NY 10013
For Sale
$299,000
COMMERCIAL - New York, NY
Property Size905 SF
Lot Size0.02 Acres
Price / SF$330.39
Days on Market75
Property Features for 139 Centre Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C6-4
- Standard status
- Active
- Size
- 905 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12973
Building Details
- Year built
- 1911
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
DiTommaso Real Estate
(718) 667-8000
Listed By:
Stephanie X. Zhang · License #SZ7890
(718) 667-8000
Added: May 11
Changed: May 12
Last Checked: Jul 24 at 4:06AM
MLS# 501330
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial condominium houses a fully built-out, high-volume medical-dental practice with an established patient base of over 200,000. The practice is ready for immediate transition and is currently generating a Net Operating Income (NOI) of $2M. The unit features an efficient, full-floor layout of 905 square feet, designed for patient flow and clinical productivity. The space includes a welcoming reception and patient waiting area, 3 private exam/treatment rooms, dedicated consultation offices, and a spacious open treatment area suitable for integrated medical-dental services. It also features administrative workstations, file storage, and staff offices. The floor plan separates clinical, administrative, and support zones. High ceilings, abundant natural light from multiple windows, and bright finishes create an inviting and energizing work environment. The property is located in New York, NY.
Key Highlights
- Established high‑volume medical‑dental practice with over 200,000 patients.
- Net Operating Income (NOI) of $2M, ready for immediate transition.
- Fully built‑out commercial condominium designed for seamless patient flow and clinical productivity.
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.9k | $54.00 |
| − Vacancy | −$3.9k | −$4.32 |
| EGI | $45.0k | $49.68 |
| − OpEx | −$18.0k | −$19.87 |
| NOI | $27.0k | $29.81 |
905 SF · lease $54.00/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$404.8K
$354.2K – $472.3K
NOI $28,338 @ 7.0% cap · market cap 9.48%
Second Best
Healthcare Medical
$385.4K
$337.2K – $449.6K
NOI $26,976 @ 7.0% cap · market cap 9.02%
Theoretical Best
Specialty Retail
$2.25M
$1.97M – $2.63M
NOI $157,687 @ 7.0% cap · market cap 52.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Patient Service Center
Medical Laboratory
Huachen Wei MD
Physician
Law Offices of Raymond ...
Law Firm
Natural Health Chiropractic
Alternative Medicine Practice
Paul K. Sheng, ...
Alternative Medicine Practice
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FAQs
What type of property is this?
Medical Office Space - Fully built-out medical-dental practice with established patient base.
Where is this medical office space located?
The property is located at 139 Centre Street New York, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Established high‑volume medical‑dental practice with over 200,000 patients.; Net Operating Income (NOI) of $2M, ready for immediate transition.; Fully built‑out commercial condominium designed for seamless patient flow and clinical productivity.
