Corner Medical Office
For Sale
$900,000
531 5th Street, Brooklyn, NY 11215
Commercial, Brooklyn, NY
Property Size29,171 SF
Lot Size0.27 Acres
Price / SF$30.85
Days on Market85
Property Features for 531 5th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Group IIIB
Subdivision
Park Slope
Standard status
Active
Size
29,171 SF
Lot size
0.27 Acres
Building Details
Number of units
1
Listing Agency:
Revived Residential
Listed By:
Juliette E. Pannone
(929) 379-3750
Added: Jun 15
Changed: Sep 7
Last Checked: Sep 7 at 9:06PM
MLS# 502322
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 900-square-foot ground-floor medical suite is positioned within an established condominium and has its own private entrance. The existing arrangement includes a reception and waiting area, office or examination space, bathroom, and compact galley kitchen. The corner configuration provides a defined professional setting for a healthcare practice, while Group IIIB zoning supports an Ambulatory or Diagnostic Treatment Health Care Facility.
The property is located at 531 5th Street in Brooklyn, one avenue from NY-Presbyterian Brooklyn Methodist Hospital and Prospect Park. The suite is suited to medical professionals whose practices align with the stated healthcare zoning, including physicians, nurse practitioners, physical therapists, occupational therapists, and speech therapists.
The property is located at 531 5th Street in Brooklyn, one avenue from NY-Presbyterian Brooklyn Methodist Hospital and Prospect Park. The suite is suited to medical professionals whose practices align with the stated healthcare zoning, including physicians, nurse practitioners, physical therapists, occupational therapists, and speech therapists.
Key Highlights
- 900 SF ground‑floor medical suite
- Corner space with a private entrance
- Zoned Group IIIB for an Ambulatory or Diagnostic Treatment Health Care Facility
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,012
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground-floor healthcare space with a private entrance and zoning for an Ambulatory or Diagnostic Treatment Health Care Facility.
Where is this medical office space located?
The property is located at 531 5th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 900 SF ground‑floor medical suite; Corner space with a private entrance; Zoned Group IIIB for an Ambulatory or Diagnostic Treatment Health Care Facility
