863 50th Street M5 Brooklyn, NY 11220
Well-maintained medical office in Sunset Park, modern elevator building.
- Added:
- May 14, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 20 at 10:45 pm
Property Features for 863 50th Street M5
General Information
- Standard status
- Active
- Size
- 1,018 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing office REMAX EDGE (718) 612-3088
Listing date May 14, 2026
Source Crexi
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.
Key Highlights
- Well‑maintained medical office space suitable for immediate use.
- Established pediatric office location for 16 years.
- Modern elevator building constructed in 2004.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.3k | $50.40 |
| − Vacancy | −$10.8k | −$10.58 |
| EGI | $40.5k | $39.82 |
| − OpEx | −$10.1k | −$9.95 |
| NOI | $30.4k | $29.86 |