Ground-Floor Medical Office
3901 Nostrand Avenue LL4 Brooklyn, NY 11235
New
Move-in-ready 900 sq. ft. office co-op with three private offices, multiple work areas, and ADA-accessible restrooms.
Type:Office, Retail, Special Purpose
Property size:
900 SFPrice / SF:
$355/SF- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 2:52 am
Property Features for 3901 Nostrand Avenue LL4
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Office, Retail, Special Purpose
Listing office Exp Realty Bkny
Listing date Jul 9, 2026
Source Crexi
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
Investment Insights
Based on property information with market context.
Located on the ground-floor lobby level, this move-in-ready commercial co-op suite offers a flexible professional layout with three private offices, three open work areas, and soundproof offices. The suite includes dual half bathrooms, including an ADA-accessible restroom, along with centralized A/C and radiator heat. Oversized windows provide natural light, and the space is equipped with multiple sinks. Built-in cabinetry, desks, shelving, filing cabinets, and storage are included, supporting immediate occupancy.
The suite features dual entrances from both the street and the building lobby. Building amenities include a swimming pool, a package room, and storage availability, and parking is available by waitlist.
Monthly maintenance is listed as $1,081, and the included items are heat, water, and real estate taxes.
The suite features dual entrances from both the street and the building lobby. Building amenities include a swimming pool, a package room, and storage availability, and parking is available by waitlist.
Monthly maintenance is listed as $1,081, and the included items are heat, water, and real estate taxes.
Key Highlights
- 900 sq. ft. ground‑floor commercial co‑op on the lobby level in Sheepshead Bay
- Move‑in‑ready layout with 3 private offices, 3 open work areas, and dual entrances from street and building lobby
- 2 half bathrooms, including an ADA‑accessible restroom; soundproof offices for added privacy
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 | $38.9k | $43.20 |
| − Vacancy | −$8.9k | −$9.94 |
| EGI | $29.9k | $33.26 |
| − OpEx | −$7.5k | −$8.32 |
| NOI | $22.5k | $24.95 |
900 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$320.8K
$280.7K – $374.2K
NOI $22,453 @ 7.0% cap · market cap 7.02%
Second Best
Healthcare Medical
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 6.52%
Theoretical Best
Specialty Retail
$745.2K
$652.1K – $869.4K
NOI $52,164 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Svetlana Pyatigorskaya NP ...
Medical Clinic
Reiser Richard L ...
Physician
Jeffrey Dacher DPM
Physician
Brooklyn Dental Smiles
Dental Office
NL Dream Interiors
Interior Design
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FAQs
What type of property is this?
Medical Office Space - Move-in-ready 900 sq. ft. office co-op with three private offices, multiple work areas, and ADA-accessible restrooms.
Where is this medical office space located?
The property is located at 3901 Nostrand Avenue LL4 Brooklyn, NY.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 900 sq. ft. ground‑floor commercial co‑op on the lobby level in Sheepshead Bay; Move‑in‑ready layout with 3 private offices, 3 open work areas, and dual entrances from street and building lobby; 2 half bathrooms, including an ADA‑accessible restroom; soundproof offices for added privacy
