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Brick Veterinary Medical Office Building

9518 Ave L Brooklyn, NY 11236

9518 Ave L, Brooklyn, NY, 11236
$659,000
For Sale
Under Contract
$659,000

COMMERCIAL - Brooklyn, NY

Property Size1,265 SF
Lot Size0.04 Acres
Price / SF$520.95
Days on Market393

Property Features for 9518 Ave L

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active Under Contract
Lot size
0.04 Acres
Listing Agency BROOKLYN REAL PROPERTY INC
389 ATLANTIC AVE, Brooklyn, NY
Listed by Jean Paul Ho
Added: Jun 24, 2025 Updated: Jul 2 at 4:32 pm Checked: Jul 21 at 5:06 am
MLS# 11523420

Copyright © 2026 My State MLS. 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 brick medical building is currently set up for veterinary use and includes a waiting room, reception area, three observation rooms, an X-ray room, operation room, treatment room, and an office. The property also features a private enclosed backyard, and a fully finished basement with a high ceiling. Roof-mounted HVAC includes a 4-ton AC/heat unit with a central air unit, and the building has a hot water heater. The structure measures approximately 17.75 by 55 feet on a 17.75 by 100 lot.

The property is located at 9518 Ave L in Brooklyn, NY 11236, within the Canarsie Avenue L retail corridor. The listing notes proximity to shopping and bus service, supporting accessibility for customers and patients.

For buyers or tenants seeking a ready-to-operate medical or service environment, the interior layout supports exam and treatment workflows. The building’s configuration and available space also may be suitable for other community and commercial uses, as described in the remarks, including office, retail, day care, school, adult community, or similar conversions. The seller indicates the business can be delivered vacant, and requests that potential parties do not disturb the current occupants.

Key Highlights

  • Brick commercial building with established veterinary layout: waiting room, reception desk, 3 observation rooms, X‑ray room, operation room, treatment room, office
  • 1,265 sq ft building plus fully finished basement with high ceiling and enclosed private backyard
  • 4‑ton AC/heat unit and central air, plus HWH—reported as newly installed on the roof

Local 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 $53.1k $42.00
− Vacancy −$4.3k −$3.36
EGI $48.9k $38.64
− OpEx −$19.6k −$15.46
NOI $29.3k $23.18
1,265 SF · lease $42.00/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Retail
$866.6K
$758.3K – $1.01M (±1% cap)
NOI $60,663 @ 7.0% cap · market cap 9.21%
Second Best
Healthcare Medical
$419.0K
$366.6K – $488.8K (±1% cap)
NOI $29,328 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$1.05M
$916.5K – $1.22M (±1% cap)
NOI $73,319 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Chaikin Ronald DVM Veterinary Clinic Animal Medicine & Surgery ... Veterinary Clinic Alexander Cortes Veterinary Clinic

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Acupuncture Bar & Pub Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical center - Well-equipped veterinary medical building with multiple exam and treatment rooms, plus enclosed backyard and finished basement.
Where is this medical center located?
The property is located at 9518 Ave L Brooklyn, NY.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Brick commercial building with established veterinary layout: waiting room, reception desk, 3 observation rooms, X‑ray room, operation room, treatment room, office; 1,265 sq ft building plus fully finished basement with high ceiling and enclosed private backyard; 4‑ton AC/heat unit and central air, plus HWH—reported as newly installed on the roof
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