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    Sunset Park Commercial Condos For Sale Title is generated by Realmo AI

    838 41st St CF1, Brooklyn, NY 11232

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    For Sale
    $1,800,000

    Newly built commercial condos suitable for various businesses.

    Type:Commercial
    Property size:
    2,100 SF
    Price / SF:
    $857/SF
    Added:
    Apr 24, 2026
    Days on Market:
    58
    Last Refresh:
    Apr 24 at 3:19 pm

    Property Features for 838 41st St CF1

    General Information

    Standard status
    Active
    Size
    2,100 SF
    Property subtype
    Commercial

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    Listing Contact
    XueFang (Sue) Li

    Listing agent XueFang (Sue) Li

    Listing office Fang Fang Realty Inc

    Listing date Apr 24, 2026

    Source Elliman

    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 Fang Fang Realty Inc

    HighLights

    • Prime location in Sunset Park suitable for various commercial uses.
    • Newly built commercial condos being sold as a package (First Floor and Cellar).
    • Spacious: 2100 SqFt First Floor and 1800 SqFt Cellar.
    • High walk score (94): Walker's Paradise, close to restaurants, supermarkets, and pharmacies.
    • Convenient transportation: minutes from D train station and B70 bus stop.
    • Excellent transit score (78).

    Overview

    Newly built commercial condos in Sunset Park are available for sale. The first floor and cellar are being sold as a package. The cellar provides 1800 square feet of space, while the first floor offers 2100 square feet. These spaces are suitable for various uses, including senior centers, home care companies, medical offices, training facilities, non-profit organizations, and children’s playgrounds. The location offers convenient transportation options, with the D train station and B70 bus stop located nearby. Additionally, the property is close to restaurants, supermarkets, and pharmacies. The location has a bike score of 69, indicating it is bikeable, a walk score of 94, designating it as a walker's paradise, and a transit score of 78, reflecting excellent transit options.

    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 $163.3k $77.76
    − Vacancy −$19.4k −$9.25
    EGI $143.9k $68.51
    − OpEx −$43.2k −$20.55
    NOI $100.7k $47.95
    2,100 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.44M
    $1.26M – $1.68M (±1% cap)
    NOI $100,705 @ 7.0% cap · market cap 5.59%
    Second Best
    Office B
    $748.4K
    $654.9K – $873.2K (±1% cap)
    NOI $52,391 @ 7.0% cap · market cap 2.91%
    Theoretical Best
    Specialty Retail
    $1.74M
    $1.52M – $2.03M (±1% cap)
    NOI $121,716 @ 7.0% cap · market cap 6.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.997635
    Latitude
    40.645367

    FAQs

    What type of property is this?
    Medical Office Space - Newly built commercial condos suitable for various businesses.
    Where is this medical office space located?
    The property is located at 838 41st St CF1 Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Prime location in Sunset Park suitable for various commercial uses.; Newly built commercial condos being sold as a package (First Floor and Cellar).; Spacious: **2100 SqFt First Floor** and **1800 SqFt Cellar**.
    More about this property
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