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Corner Medical Suite with Private Entrance
For Sale
$900,000

531 5th St 1, Brooklyn, NY 11215

Ground-floor medical suite with private entrance, waiting room, and exam space, suited for ambulatory or diagnostic care uses.

Property Size29,171 SF
Days on Market63

Property Features for 531 5th St 1

General Information

Standard status Active
Size 29,171 SF
Property subtype Commercial

Building Details

Building Size 29,171 SF
Listing Agency: Revived Residential
Listed By: Juliette E. Pannone
Source: Elliman
Added: Jun 22 Changed: Aug 14 Last Checked: Aug 22 at 9:26AM

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 Revived Residential

Investment Insights

Based on property information with market context.

This ground-floor professional medical suite is configured as a sunny corner space with a private entrance attached to an established condominium. The current layout includes a large waiting room, an office/exam space, a bathroom, and a small galley kitchen. An attached 300 SF lot is also available, which can increase the total potential space to 932 SF, depending on how the space is utilized.

The suite is positioned in Park Slope with convenient proximity to NY-Presbyterian Brooklyn Methodist Hospital and Prospect Park. Showing is available privately by appointment.

Zoning permits Ambulatory or Diagnostic Treatment Health Care Facility uses, making the space a practical fit for medical and therapy-oriented practices such as physicians, nurse practitioners, physical therapists, occupational therapists, and speech therapists. Common charges are listed as $309 per month. The suite is offered with the opportunity to refine the interior to support your specific clinical workflow while maintaining a straightforward, patient-friendly reception and exam arrangement.

Key Highlights

  • Ground‑floor professional medical suite with 900 SF corner space and private entrance attached to an established condominium
  • Layout includes a large waiting room, an office/exam space, a bathroom, and a small galley kitchen
  • Additional attached lot of 300 SF available, bringing total potential space to 932 SF

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,012
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-floor medical suite with private entrance, waiting room, and exam space, suited for ambulatory or diagnostic care uses.
Where is this medical office space located?
The property is located at 531 5th St 1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Ground‑floor professional medical suite with 900 SF corner space and private entrance attached to an established condominium; Layout includes a large waiting room, an office/exam space, a bathroom, and a small galley kitchen; Additional attached lot of 300 SF available, bringing total potential space to 932 SF
More about this property
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