Medical Center with R5
New
For Sale
$650,000
1306 83rd Street, Brooklyn, NY 11236
Commercial, Brooklyn, NY
Property Size1,300 SF
Lot Size0.19 Acres
Price / SF$500
Days on Market4
Property Features for 1306 83rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R5
Basement
Finished
Subdivision
Dyker Heights
Standard status
Active
Size
1,300 SF
Lot size
0.19 Acres
Building Details
Number of units
1
Flooring type
Tile
Building materials
Block
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Qikang Mei · License #10401207839
(718) 612-3088
Added: Oct 2
Last Checked: Oct 5 at 1:06PM
MLS# 505022
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 1,300-square-foot medical center is a new block-construction building with tile flooring and a flat roof. The space is planned for healthcare use and is zoned R5.
The layout is identified as suitable for adult care, medical office, nursing home, professional office, and after-school tutoring uses. Common charges cover water, and the property includes a 25-year tax abatement.
The layout is identified as suitable for adult care, medical office, nursing home, professional office, and after-school tutoring uses. Common charges cover water, and the property includes a 25-year tax abatement.
Key Highlights
- 1,300 square feet of space
- R5 zoning
- New block‑construction building with tile flooring and a flat roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,432
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,640
$648.6K
Cap Rate 7%
$463,314
$463.3K
Cap Rate 9%
$360,356
$360.4K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$56.2K $43.20/SF
− Vacancy
−$12.9K −$9.94/SF
EGI
$43.2K $33.26/SF
− OpEx
−$10.8K −$8.32/SF
NOI
$32.4K $24.95/SF
Area
Brooklyn, NY
Vacancy
23.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,640
Cap Rate 7%
$463,314
Cap Rate 9%
$360,356
Alternative Uses
Best Use
Office B
$463.3K
$405.4K – $540.5K
NOI $32,432 @ 7.0% cap · market cap 4.99%
Second Best
Healthcare Medical
$430.6K
$376.7K – $502.3K
NOI $30,139 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$1.08M
$941.9K – $1.26M
NOI $75,348 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical center - A planned healthcare facility with zoning suited to its current medical use.
Where is this medical center located?
The property is located at 1306 83rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,300 square feet of space; R5 zoning; New block‑construction building with tile flooring and a flat roof
