Brooklyn Medical Condos For
2955 Brighton 7th Street Brooklyn, NY 11235
For Sale
$1,599,000
COMMERCIAL - Brooklyn, NY
Property Size3,800 SF
Lot Size0.01 Acres
Price / SF$420.79
Days on Market1131
Property Features for 2955 Brighton 7th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R6
- Basement
- Full
- Standard status
- Active
- Size
- 3,800 SF
- Lot size
- 0.01 Acres
Building Details
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Diamond Real Inc
(855) 774-1040
Listed By:
Maryana Savkiv · License #MS2268
(718) 734-2710
Added: Jun 23, 2023
Changed: Apr 30
Last Checked: Jul 27 at 9:06AM
MLS# 475023
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 property in Brooklyn, NY, features two combined medical condos totaling 3800 square feet. The condos are configured as a 1500 square foot medical office and a 2300 square foot medical office, each with separate entrances and front desks. The layout includes a total of 10 rooms and 3 bathrooms. The property is located above street level and accessible via a 4-step elevator. An existing loan with approximately 9 years of principal-only payments remaining, at $8500 monthly, may be transferable to the buyer. The property is zoned R6 and situated on a lot of approximately 0.0087 acres.
Key Highlights
- Existing assumable loan with principal‑only payments, 9 years remaining, and $8500 monthly payment.
- Luxury medical condos totaling 3800 sq ft.
- Configured as two separate medical offices (1500 sq ft and 2300 sq ft) with 2 separate entrances.
Financial Insights For Office B
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 | $164.2k | $43.20 |
| − Vacancy | −$37.8k | −$9.94 |
| EGI | $126.4k | $33.26 |
| − OpEx | −$31.6k | −$8.32 |
| NOI | $94.8k | $24.95 |
3,800 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.35M
$1.19M – $1.58M
NOI $94,802 @ 7.0% cap · market cap 5.93%
Second Best
Healthcare Medical
$1.26M
$1.10M – $1.47M
NOI $88,099 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$3.15M
$2.75M – $3.67M
NOI $220,248 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Better You Wellness ...
Physician
Oksana Levitansky, MD
Physician
Similar Off Market Nearby
- Vetco Total Care Animal Hospital — 1610 Ave Y, Brooklyn, NY 11235
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- Brighton 11th Pharmacy INC. — 124 Brighton 11th St, Brooklyn, NY 11235
- Small Friends Veterinary Clinic dr. Olga Korobkova — 360 Neptune Ave, Brooklyn, NY 11235
FAQs
What type of property is this?
Medical Office Space - 3800 SF medical condos with existing loan in Brooklyn.
Where is this medical office space located?
The property is located at 2955 Brighton 7th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Existing assumable loan with principal‑only payments, 9 years remaining, and $8500 monthly payment.; Luxury medical condos totaling 3800 sq ft.; Configured as two separate medical offices (1500 sq ft and 2300 sq ft) with 2 separate entrances.
