Medical Office with
For Sale
Contact for pricing
532 E 78th St, New York, NY 11236
Mixed-use property combining a doctor or dental office with residential rental space and on-site parking.
Property Size3,892 SF
Price / SF$411.10
Days on Market187
Property Features for 532 E 78th St
General Information
Standard status
Active
Size
3,892 SF
Class
B
Total Parking Spaces
2
Property subtype
Multifamily, Office
Zoning
Reisdential | Mixed Use Zoning
Occupancy
90%
Investment Type
Owner/User
Net Operating Income
$100,000
Building Details
Year Built
1960
Buildings
1
Units
3
Listing Agency:
SERHANT
Listed By:
Alessa Aichinger · License #10401333915
Source:
Crexi
Added: Apr 16
Changed: Oct 3
Last Checked: Oct 19 at 5:27AM
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 SERHANT
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes a doctor or dental office alongside residential rental space. The configuration supports both medical-office occupancy and residential rentals within the same property, with on-site parking included.
Built in 1960, the property is located at 532 E 78th St in New York, NY 11236. Zoning is identified as Residential and Mixed Use. The property size is listed as 3,892.
Built in 1960, the property is located at 532 E 78th St in New York, NY 11236. Zoning is identified as Residential and Mixed Use. The property size is listed as 3,892.
Key Highlights
- Doctor or dental office component
- Residential rental space included
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,869
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,437,380
$2.4M
Cap Rate 7%
$1,740,986
$1.7M
Cap Rate 9%
$1,354,100
$1.4M
Market Conditions
NOI Build-Up for 3,892 SF
Gross rent
$200.4K $51.48/SF
− Vacancy
−$37.9K −$9.73/SF
EGI
$162.5K $41.75/SF
− OpEx
−$40.6K −$10.44/SF
NOI
$121.9K $31.31/SF
Area
New York, NY
Vacancy
18.90%
Lease Rate
$51.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,437,380
Cap Rate 7%
$1,740,986
Cap Rate 9%
$1,354,100
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,869 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$1.74M
$1.52M – $2.03M
NOI $121,770 @ 7.0% cap · market cap 7.61%
Theoretical Best
Specialty Retail
$9.69M
$8.48M – $11.30M
NOI $678,142 @ 7.0% cap · market cap 42.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,664
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Fifth Avenue Veterinary Hospital — 9102 5th Ave, Brooklyn, NY 11209
- Roy J Appel DVM — 9102 5th Ave, Brooklyn, NY 11209
- Animal Clinic of Bay Ridge: Ibrahim N DVM — 689 86th St, Brooklyn, NY 11228
- Animal Clinic of Bay Ridge — 689 86th St, Brooklyn, NY 11228
- Globe Drug Store — 405 86th St, Brooklyn, NY 11209
Frequently Asked Questions
What type of property is this?
Medical Office Space - Mixed-use property combining a doctor or dental office with residential rental space and on-site parking.
Where is this medical office space located?
The property is located at 532 E 78th St New York, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Doctor or dental office component; Residential rental space included; On‑site parking
