Luxury Medical Condos For
2955 Brighton 7th St Brooklyn, NY 11235
For Sale
$1,599,000
3800 SF medical condos with two separate entrances.
Property Size3,800 SF
Price / SF$420.79
Days on Market95
Property Features for 2955 Brighton 7th St
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Commercial
Listing Agency:
Diamond Real Inc
(855) 774-1040
Listed By:
Maryana Savkiv · License #MS2268
(855) 774-1040
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 7:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diamond Real Inc
Investment Insights
Based on property information with market context.
This property features a combined 3800 square feet of luxury medical condos, consisting of a 1500 square foot medical office and a 2300 square foot medical office. The condos have two separate entrances and two front desks. There are a total of 10 rooms above street level, accessible by a 4-step elevator, and three bathrooms. The property is located in an area with a walk score of 94, indicating it is a walker's paradise, a transit score of 97, indicating it is a rider's paradise, and a bike score of 72, indicating it is very bikeable. The property is suitable for investment. There is an existing loan with approximately 9 years remaining, with monthly payments of $8500, which may be transferable to the buyer.
Key Highlights
- Transferable loan with 9 years remaining, $8500 monthly payment (principal only).
- Luxury medical condos totaling 3800 sq ft.
- Two separate medical offices (1500 sq ft and 2300 sq ft) combined.
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
- Dr. Jeffrey Z Stein — 126 Brighton 11th St, Brooklyn, NY 11235
- Petco Vaccination Clinic — 1610 Ave Y, Brooklyn, NY 11235
- 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 two separate entrances.
Where is this medical office space located?
The property is located at 2955 Brighton 7th St 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: Transferable loan with 9 years remaining, $8500 monthly payment (principal only).; **Luxury medical condos totaling 3800 sq ft.**; Two separate medical offices (1500 sq ft and 2300 sq ft) combined.
