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Turnkey Medical Office Suite
For Sale
Contact for pricing
Pending

8371 116th Street M1, New York, NY 11418

Ground-floor medical office suite with six exam rooms, ADA-compliant restrooms, and rear private outdoor area.

Property Size1,716 SF
Days on Market437

Property Features for 8371 116th Street M1

General Information

Standard status Pending
Size 1,716 SF
Property subtype Mixed Use, Office
Zoning R7

Building Details

Year Built 2001
Buildings 1
Listing Agency: RE/MAX City Square
Listed By: Alexander Mikhaylov · License #NY 10301217282
Source: Crexi
Added: Jul 1, 2025 Changed: Sep 10 Last Checked: Sep 10 at 6:27AM

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 RE/MAX City Square

Investment Insights

Based on property information with market context.

This ground-floor medical office suite is fully built out and designed for clinical use within a condo building. The space includes six exam rooms with sinks, a waiting area, a dedicated clerical/admin area, and two private offices, along with two kitchenettes. Patient and staff comfort are supported by two ADA-compliant restrooms and a front-entry accessibility ramp for ease of access.

Additional features include a small private outdoor area at the rear of the office. The suite is being offered for sale as a turnkey option for healthcare providers seeking a functional, patient-friendly layout.

Key Highlights

  • 1,700 sq ft ground‑floor medical office suite in a condo building
  • Includes six exam rooms with sinks
  • Waiting area plus dedicated clerical/admin space

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Auto Parts Store HVAC Service Accounting Firm

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

5,183
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
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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Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-floor medical office suite with six exam rooms, ADA-compliant restrooms, and rear private outdoor area.
Where is this medical office space located?
The property is located at 8371 116th Street M1 New York, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,700 sq ft ground‑floor medical office suite in a condo building; Includes six exam rooms with sinks; Waiting area plus dedicated clerical/admin space
(917) 587-5799 Call to check price and availability
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