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

531 5th Street, Brooklyn, NY 11215

COMMERCIAL - Brooklyn, NY

Property Size29,171 SF
Lot Size0.27 Acres
Price / SF$30.85
Days on Market49

Property Features for 531 5th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Group IIIB
Subdivision Park Slope
Standard status Active
Size 29,171 SF
Lot size 0.27 Acres

Building Details

Number of units 1
Listing Agency: Revived Residential
Listed By: Juliette E. Pannone
Added: Jun 15 Last Checked: Aug 2 at 6:06AM
MLS# 502322

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.

531 5th Street offers a ground-floor, professional medical suite designed for a tenant’s specific use. The space is a sunny corner unit with its own private entrance, attached to an established condominium. The current layout includes a large waiting room, an office/exam room, a bathroom, and a small galley kitchen, providing a functional arrangement for patient-facing care. An attached lot of 300 SF is also available, offering additional flexibility alongside the suite’s core configuration.

Located in Brooklyn, the suite is positioned just one avenue from NY-Presbyterian Brooklyn Methodist Hospital and Prospect Park, supporting a convenient patient and staff draw from established destinations. The offering is for sale, with common charges stated at $309 per month.

Zoned Group IIIB for an Ambulatory or Diagnostic Treatment Health Care Facility, the space is suited for medical and therapy practices that align with ambulatory diagnostic treatment use. The current mix of waiting and exam space can support appointment-based visits, while the private entry offers straightforward access for patients and staff. Showings are available privately by appointment.

Key Highlights

  • 900 SF ground‑floor corner professional medical suite in Park Slope with private entrance attached to an established condominium
  • Current layout includes a large waiting room, an office/exam space, a bathroom, and a small galley kitchen
  • Attached lot of 300 SF available for a total potential space of 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

6,332
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
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Similar Off Market Nearby

  • Caruso Jill DVM — 290 McDonald Ave, Brooklyn, NY 11218
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  • PAWSitive Veterinary of New York — 1103 Church Ave, Brooklyn, NY 11218

Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-floor corner suite zoned for ambulatory or diagnostic care, with waiting area, exam room, and private entry.
Where is this medical office space located?
The property is located at 531 5th Street 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: 900 SF ground‑floor corner professional medical suite in Park Slope with private entrance attached to an established condominium; Current layout includes a large waiting room, an office/exam space, a bathroom, and a small galley kitchen; Attached lot of 300 SF available for a total potential space of 932 SF
More about this property
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