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    Commercial Condo Near Kings Highway Title is generated by Realmo AI

    1749 E 16th St MEDC, Brooklyn, NY 11229

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    For Sale
    $1,258,000

    Spacious commercial condo with parking near transportation and shopping.

    Type:Commercial
    Property size:
    2,300 SF
    Price / SF:
    $546/SF
    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

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    Listing Contact
    Alex S. Verdov
    Alex S. Verdov

    Listing agent Alex S. Verdov

    Listing office eXp Realty BKNY

    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 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

    This commercial condo offers approximately 2,300 square feet of space, suitable for investors or professionals. The two-level property features approximately 10 to 12 separate rooms, 4 bathrooms, 2 receptionist areas, and 2 waiting rooms. It includes deeded parking and is wheelchair accessible. Located near the B and Q trains at the Kings Highway station, it is also accessible via multiple bus routes including B2, B31, B49, B82, and B100. The property is located in a high-traffic area, steps away from the train station and Kings Highway shopping area. It is suitable for medical offices, including dental practices, homecare services, and physical therapy, as well as a homecare agency, attorney at law, or childcare facility. The location has a walk score of 98, indicating it is a walker's paradise, a bike score of 58, indicating it is bikeable, and a transit score of 80, indicating excellent transit.

    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
    2,300 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.58M
    $1.38M – $1.84M (±1% cap)
    NOI $110,296 @ 7.0% cap · market cap 8.77%
    Second Best
    Office B
    $819.7K
    $717.3K – $956.3K (±1% cap)
    NOI $57,380 @ 7.0% cap · market cap 4.56%
    Theoretical Best
    Specialty Retail
    $1.90M
    $1.67M – $2.22M (±1% cap)
    NOI $133,308 @ 7.0% cap · market cap 10.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dr. Gene Zitser, ... Physician Dr. Lilia Levitz, ... Physician Dr. Leonard I. ... Physician Healthcare Medical Pc Medical Clinic

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    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

    FAQs

    What type of property is this?
    Medical Office Space - Spacious commercial condo with parking near transportation and shopping.
    Where is this medical office space located?
    The property is located at 1749 E 16th St MEDC 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: 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.
    More about this property
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