Ground-Floor Medical Office
3901 Nostrand Avenue Brooklyn, NY 11235
New
COMMERCIAL - Brooklyn, NY
Type:Office
Property size:
900 SFLot size:
15.24 AcresPrice / SF:
$355/SF- Added:
- Jul 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 10 at 12:06 pm
Property Features for 3901 Nostrand Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- R3-2
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 15.24 Acres
Building Details
- Number of units
- 1
- Building materials
- Brick, Masonry
- Roof type
- Flat
Listing agent Andrey Kim (888) 276-0630
Listing office eXp Realty BKNY 1 Pierrepont PLZ, Brooklyn, NY (888) 276-0630
Listing date Jul 8, 2026
MLS# 502862
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.
Investment Insights
Based on property information with market context.
Available for sale is a 900-square-foot ground-floor commercial co-op located on the lobby level of a well-maintained cooperative building. The space is designed for professional use and includes a flexible layout with three private offices and three open work areas. There are two half bathrooms, including an ADA-accessible restroom, along with soundproof offices to help support client-facing work. The suite features dual entrances from both the street and the building lobby, oversized windows for natural light, central A/C, and radiator heat. Multiple sinks and built-in elements are also included, such as cabinetry, desks, shelving, filing cabinets, and storage.
Monthly maintenance is listed at $1,081, which includes heat, water, and real estate taxes. Building amenities noted with the cooperative include a swimming pool, a package room, and storage availability, with parking available on a waitlist. The property is identified as medical-use approved, and it is positioned for convenient access to nearby shopping, restaurants, public transportation, and major roadways.
This co-op is well-suited for medical and other professional practices, including dental, legal, accounting, insurance, and therapy uses, given the existing office configuration and medical-use approval. With built-in furnishings and multiple entry points, the space is positioned for tenants or owners seeking an office-ready setup in a cooperative setting.
Monthly maintenance is listed at $1,081, which includes heat, water, and real estate taxes. Building amenities noted with the cooperative include a swimming pool, a package room, and storage availability, with parking available on a waitlist. The property is identified as medical-use approved, and it is positioned for convenient access to nearby shopping, restaurants, public transportation, and major roadways.
This co-op is well-suited for medical and other professional practices, including dental, legal, accounting, insurance, and therapy uses, given the existing office configuration and medical-use approval. With built-in furnishings and multiple entry points, the space is positioned for tenants or owners seeking an office-ready setup in a cooperative setting.
Key Highlights
- 900 sq. ft. ground‑floor commercial co‑op in Sheepshead Bay with medical use approved
- Includes 3 private offices, 3 open work areas, multiple sinks, and oversized windows for natural light
- 2 half bathrooms, including an ADA‑accessible restroom
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
Property Profile
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 ground-floor office co-op with private offices, open work areas, and ADA-accessible restroom in a well-maintained building.
Where is this medical office space located?
The property is located at 3901 Nostrand Avenue 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 in Sheepshead Bay with medical use approved; Includes 3 private offices, 3 open work areas, multiple sinks, and oversized windows for natural light; 2 half bathrooms, including an ADA‑accessible restroom
