For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Building For Sale Title is generated by Realmo AI

    1917 Ocean Ave, Brooklyn, NY

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Move-in ready medical office building suitable for end-user or investment.

    Type:OFFICE
    Property size:
    18,600 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $370/SF
    Added:
    Mar 20, 2025
    Days on Market:
    446
    Last Refresh:
    May 20 at 9:41 pm

    Property Features for 1917 Ocean Ave

    General Information

    Standard status
    Active
    Size
    18,600 SF
    Lot size
    0.13 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 1917 Ocean Ave Contact us

    We can help!

    Listing Contact
    Arsen Atbashyan
    Arsen Atbashyan

    Listing agent Arsen Atbashyan License #0000

    Listing office Commercial Acquisitions Realty Services

    Listing date Mar 20, 2025

    Source Moodyscre

    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 Commercial Acquisitions Realty Services

    HighLights

    • Move‑in Ready for Dialysis Center
    • Ideal for End‑User / Investment
    • Elevator Building | ADA Compliant
    • Benefit from 18,600 SF Average Daily Traffic on Ocean Ave
    • Medical Office Building
    • For Sale

    Overview

    This medical office building is available for sale and is move-in ready for a dialysis center. The building is suitable for an end-user or investment purposes. It is an elevator building and is ADA compliant. The property size is 18,600 square feet. The average daily traffic on Ocean Avenue is 18,600 SF.

    Local 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 $803.5k $43.20
    − Vacancy −$184.8k −$9.94
    EGI $618.7k $33.26
    − OpEx −$154.7k −$8.32
    NOI $464.0k $24.95
    18,600 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $6.63M
    $5.80M – $7.73M (±1% cap)
    NOI $464,033 @ 7.0% cap · market cap 6.73%
    Second Best
    Healthcare Medical
    $6.16M
    $5.39M – $7.19M (±1% cap)
    NOI $431,222 @ 7.0% cap · market cap 6.25%
    Theoretical Best
    Specialty Retail
    $15.40M
    $13.48M – $17.97M (±1% cap)
    NOI $1,078,056 @ 7.0% cap · market cap 15.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hakimian Navid MD Physician

    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

    • Sushi Meshuga — 1637 E 17th St, Brooklyn, NY 11229
    • Noah's Ark Veterinary Practice — 2974 Quentin Rd, Brooklyn, NY 11229
    • Oceanside Animal Clinic — 704 Kings Hwy, Brooklyn, NY 11223
    • Ask A Vet App LLC — 1820 Avenue M #1028, Brooklyn, NY 11230
    • PetSpace 360 — 1930 Avenue M, Brooklyn, NY 11230

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.954
    Latitude
    40.615

    FAQs

    What type of property is this?
    Medical Office Space - Move-in ready medical office building suitable for end-user or investment.
    Where is this medical office space located?
    The property is located at 1917 Ocean Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: Move‑in Ready for Dialysis Center; Ideal for End‑User / Investment; Elevator Building | ADA Compliant
    (917) 939-3760 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message