Two-Level Medical Office
1749 E 16th Street, Brooklyn, NY 11229
COMMERCIAL - Brooklyn, NY
Property size:
2,304 SFLot size:
0.09 AcresPrice / SF:
$546/SF- Added:
- Jan 2, 2025
- Days on Market:
- 532
- Last Refresh:
- Jun 18 at 10:06 am
Property Features for 1749 E 16th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R5B
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,304 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19104
Building Details
- Year built
- 2003
- Floors in Building
- 4
- Number of units
- 1
- Flooring type
- Granite, Tile
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Alex S. Verdov (888) 276-0630
Listing office eXp Realty BKNY 1 Pierrepont PLZ, Brooklyn, NY (888) 276-0630
Listing date Jan 2, 2025
MLS# 488282
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.
HighLights
- High‑traffic location steps from Kings Highway shopping and the B/Q train station, ensuring excellent visibility and accessibility.
- Spacious 2,300+ sqft commercial condo suitable for various professional uses (medical, legal, childcare).
- Includes deeded parking, a valuable asset in a high‑traffic area.
- Wheelchair accessible, catering to a broader range of clients and patients.
- Features 10‑12 rooms, 4 bathrooms, 2 reception areas, and 2 waiting rooms, providing a functional layout.
- Built in 2003, suggesting relatively modern construction and infrastructure.
Overview
This two-level commercial condo offers approximately 2,304 square feet of interior space with a multi-room layout designed for professional use. The configuration includes roughly 10 to 12 separate rooms, two receptionist areas, and two waiting rooms. There are four bathrooms total, supporting operations that require patient or client flow across different areas. The property is wheelchair accessible, providing practical consideration for clients and visitors.
The address is 1749 E 16th Street in Brooklyn, NY 11229, in an R5B zoned setting. The seller’s remarks note proximity to the Kings Highway shopping area and being steps away from the train station at Kings Highway, along with multiple bus routes including B2, B31, B49, B82, and B100. Deeded parking is included with the condo.
The space is well-suited for medical and service-oriented tenants, including medical office uses such as dental practices and homecare services, as well as related professional needs. The room count, receptionist and waiting areas, and multiple bathrooms support a workflow that accommodates appointments and client consultations. Additionally, the wheelchair accessibility and deeded parking can help streamline day-to-day access for clients.
The address is 1749 E 16th Street in Brooklyn, NY 11229, in an R5B zoned setting. The seller’s remarks note proximity to the Kings Highway shopping area and being steps away from the train station at Kings Highway, along with multiple bus routes including B2, B31, B49, B82, and B100. Deeded parking is included with the condo.
The space is well-suited for medical and service-oriented tenants, including medical office uses such as dental practices and homecare services, as well as related professional needs. The room count, receptionist and waiting areas, and multiple bathrooms support a workflow that accommodates appointments and client consultations. Additionally, the wheelchair accessibility and deeded parking can help streamline day-to-day access for clients.
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 | $179.2k | $77.76 |
| − Vacancy | −$21.3k | −$9.25 |
| EGI | $157.8k | $68.51 |
| − OpEx | −$47.4k | −$20.55 |
| NOI | $110.5k | $47.95 |
2,304 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.58M
$1.38M – $1.84M
NOI $110,487 @ 7.0% cap · market cap 8.78%
Second Best
Office B
$821.1K
$718.5K – $958.0K
NOI $57,480 @ 7.0% cap · market cap 4.57%
Theoretical Best
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,540 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Gene Zitser, ...
Physician
Dr. Lilia Levitz, ...
Physician
Dr. Leonard I. ...
Physician
Healthcare Medical Pc
Medical Clinic
Similar Places Nearby
- Kind Vet — 711 Avenue U, Brooklyn, NY 11223
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- 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
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Two-level commercial condo with wheelchair accessibility and deeded parking, configured with multiple rooms and waiting areas.
Where is this medical office space located?
The property is located at 1749 E 16th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,258,000.
What are key features of this property?
This property features: High‑traffic location steps from Kings Highway shopping and the B/Q train station, ensuring excellent visibility and accessibility.; Spacious 2,300+ sqft commercial condo suitable for various professional uses (medical, legal, childcare).; Includes deeded parking, a valuable asset in a high‑traffic area.
