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Duplex Medical Office Condo
For Sale
Contact for pricing
Pending

702 Ocean Parkway 1B, Brooklyn, NY 11230

Street-level reception, five offices, two bathrooms, and lower-level kitchen and storage support a flexible layout.

Property Size1,561 SF
Days on Market818

Property Features for 702 Ocean Parkway 1B

General Information

Standard status Pending
Size 1,561 SF
Property subtype Office, Special Purpose

Additional Details

Floor Street Level and Lower Level
Office Units 1

Building Details

Stories 8
Units 1
Tenancy Single
Listing Agency: REMAX EDGE
Listed By: Alla Reuben · License #New York
Source: Crexi
Added: Jun 8, 2024 Changed: Aug 31 Last Checked: Aug 30 at 6:15PM

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 REMAX EDGE

Investment Insights

Based on property information with market context.

This 1,561 SF medical office condominium is arranged across two levels. The street-facing floor includes an entrance area, reception, five office rooms, and two bathrooms. The lower level adds a kitchen and dedicated storage space. Ceramic flooring runs throughout, and each room is equipped with a split unit. The property is currently occupied by a month-to-month tenant and may also be delivered vacant, providing flexibility for an owner-user or continued occupancy.

Located at 702 Ocean Parkway 1B in Brooklyn, NY 11230, the property offers a compact medical office configuration with separate work, reception, restroom, kitchen, and storage areas. The source information also identifies potential for conversion to an apartment, subject to applicable requirements and approvals.

Key Highlights

  • 1,561 SF duplex medical office condominium
  • Street‑level entrance with reception area and 5 office rooms
  • 2 bathrooms plus lower‑level kitchen and storage

Property Analytics

Current Use

Madeleine Caylor Life Coach Feygin Marine MD Physician Nu-Way Compactor & Boiler Department Store Laundry Service Brooklyn (Bike/Boat/Book/etc) Store Parkville Medical Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Hair Salon

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

Lease Details

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,627
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
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

  • Bond Vet - Ditmas Park 1105 Cortelyou Rd, Brooklyn, NY 11218

Frequently Asked Questions

What type of property is this?
Medical Office Space - Street-level reception, five offices, two bathrooms, and lower-level kitchen and storage support a flexible layout.
Where is this medical office space located?
The property is located at 702 Ocean Parkway 1B Brooklyn, NY.
What are key features of this property?
This property features: 1,561 SF duplex medical office condominium; Street‑level entrance with reception area and 5 office rooms; 2 bathrooms plus lower‑level kitchen and storage
More about this property
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