1749 E 16th St MEDC, Brooklyn, NY 11229
Spacious commercial condo with parking near transportation and shopping.
- Added:
- Apr 24, 2026
- Days on Market:
- 53
- Last Refresh:
- Apr 24 at 3:19 pm
Property Features for 1749 E 16th St MEDC
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing agent Alex S. Verdov (888) 276-0630
Listing office eXp Realty BKNY (888) 276-0630
Listing date Apr 24, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty BKNY
HighLights
- Prime location: Steps from Kings Highway shopping area and the B/Q train station.
- Spacious: Over 2,300 sqft of space, ideal for various commercial uses.
- Functional Layout: Features 10‑12 rooms, 4 bathrooms, 2 reception areas, and 2 waiting rooms.
- Accessibility: Wheelchair accessible and includes deeded parking.
- Excellent Transit: Transit score of 80, with access to multiple bus routes (B2, B31, B49, B82, B100).
- Versatile Use: Suitable for medical offices, homecare agencies, legal practices, childcare facilities, and other businesses.
Overview
Local Financial Insights For Retail
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 | $178.8k | $77.76 |
| − Vacancy | −$21.3k | −$9.25 |
| EGI | $157.6k | $68.51 |
| − OpEx | −$47.3k | −$20.55 |
| NOI | $110.3k | $47.95 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Kind Vet — 711 Avenue U, Brooklyn, NY 11223
- South Brooklyn Animal Clinic — 2394 Coney Island Ave, Brooklyn, NY 11223
- Oceanside Animal Clinic — 704 Kings Hwy, Brooklyn, NY 11223
- Sheepshead Bay Veterinary Group — 2806 Avenue U, Brooklyn, NY 11229
- Яков Шейнберг DVM — 2806 Avenue U, Brooklyn, NY 11229
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.956959
- Latitude
- 40.607162