Two-Story Medical Office Community
279 Sumpter Street #CFU Brooklyn, NY 11233
279 Sumpter Street #CFU, Brooklyn, NY, 11233
$899,000
For Sale
$899,000
Two-story CFU offers a bright first floor and a large lower level designed for flexible medical or education uses.
Property Size3,201 SF
Price / SF$280.85
Days on Market77
Property Features for 279 Sumpter Street #CFU
General Information
- Standard status
- Active
- Size
- 3,201 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2020
Listing agency
E Realty International Corp
(646) 644-3828
Listed by
Ge Cai
(646) 644-3828
Source
Cohenandcohenrealty
Added: May 8 Updated: Jul 22 at 6:55PM Checked: Jul 22 at 6:55PM
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 E Realty International Corp
Investment Insights
Based on property information with market context.
279 Sumpter Street offers a professional Community Facility Unit (CFU) with a versatile two-story layout. The first floor provides approximately 786 square feet of bright, accessible space suitable for reception, consultation rooms, or administrative offices. The lower level spans approximately 2,415 square feet and features a broad open area that can be partitioned into exam rooms, classrooms for daycare or learning centers, multipurpose halls, or back-office operational space.
The unit is identified as Use Group 3 & 4, supporting compliance with strict regulatory requirements for healthcare providers, early childhood education, and various non-profit organizations. The exterior is described as modern brick, and the interior is presented with updated internal systems, supporting a stable operating environment for a permanent base of operations.
This property is presented for sale and the listing highlights a 25-year tax abatement as a key advantage for owner-users or investors focused on minimizing long-term carrying costs.
The unit is identified as Use Group 3 & 4, supporting compliance with strict regulatory requirements for healthcare providers, early childhood education, and various non-profit organizations. The exterior is described as modern brick, and the interior is presented with updated internal systems, supporting a stable operating environment for a permanent base of operations.
This property is presented for sale and the listing highlights a 25-year tax abatement as a key advantage for owner-users or investors focused on minimizing long-term carrying costs.
Key Highlights
- Built in 2020: professional Community Facility Unit (CFU) at 279 Sumpter Street in Ocean Hill, Brooklyn
- 25‑year tax abatement
- Two‑story layout with 786 SF first floor plus 2,415 SF lower level for flexible use
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 | $138.3k | $43.20 |
| − Vacancy | −$31.8k | −$9.94 |
| EGI | $106.5k | $33.26 |
| − OpEx | −$26.6k | −$8.32 |
| NOI | $79.9k | $24.95 |
3,201 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.14M
$998.2K – $1.33M
NOI $79,859 @ 7.0% cap · market cap 8.88%
Second Best
Healthcare Medical
$1.06M
$927.7K – $1.24M
NOI $74,212 @ 7.0% cap · market cap 8.25%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,530 @ 7.0% cap · market cap 20.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Calming One
Real Estate Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Victoria Vet Clinic — 1230 Putnam Ave, Brooklyn, NY 11221
FAQs
What type of property is this?
Medical Office Space - Two-story CFU offers a bright first floor and a large lower level designed for flexible medical or education uses.
Where is this medical office space located?
The property is located at 279 Sumpter Street #CFU Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Built in 2020: professional Community Facility Unit (CFU) at 279 Sumpter Street in Ocean Hill, Brooklyn; 25‑year tax abatement; Two‑story layout with 786 SF first floor plus 2,415 SF lower level for flexible use
