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Medical Office Condominium
For Sale
$1,510,000

M2-2964 Brighton 6th St, Brooklyn, NY 11235

A clinical layout includes a dedicated reception area, accessible entry, elevator service, and central heating and air conditioning.

Property Size2,800 SF
Price / SF$539.29
Days on Market8

Property Features for M2-2964 Brighton 6th St

General Information

Standard status Active
Size 2,800 SF
Elevators Yes

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $11,226

Amenities

kitchenette
custom doors
handicap-accessible entrance
central heat & A/C
Listing Agency: Amerihomes Realty of NY, Inc.
Listed By: Gene Limanov
Source: Exprealty
Added: Oct 1 Changed: Oct 7 Last Checked: Oct 7 at 2:36PM

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 Amerihomes Realty of NY, Inc.

Investment Insights

Based on property information with market context.

This medical office condominium is arranged across 9 rooms, with two former operating rooms, a reception area, changing room, kitchenette, and 3 bathrooms. The space also has custom doors and built-in furnishings, along with central heating and air conditioning. Two separate entrances include one designed for accessibility, and the building has elevator access.

The property is in Brighton Beach, Brooklyn. Its existing medical configuration and room mix provide a defined layout for professional healthcare occupancy, subject to applicable approvals and regulations.

Key Highlights

  • 9‑room layout includes two former operating rooms
  • Dedicated reception area, changing room, kitchenette, and 3 bathrooms
  • Two separate entrances, including a handicap‑accessible entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,854
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,397,080 $1.4M
Cap Rate 7%
$997,914 $997.9K
Cap Rate 9%
$776,156 $776.2K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$121.0K $43.20/SF
− Vacancy
−$27.8K −$9.94/SF
EGI
$93.1K $33.26/SF
− OpEx
−$23.3K −$8.32/SF
NOI
$69.9K $24.95/SF
Area
Brooklyn, NY
Vacancy
23.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,397,080
Cap Rate 7%
$997,914
Cap Rate 9%
$776,156

Alternative Uses

Best Use
Office B
$997.9K
$873.2K – $1.16M (±1% cap)
NOI $69,854 @ 7.0% cap · market cap 4.63%
Second Best
Healthcare Medical
$927.4K
$811.4K – $1.08M (±1% cap)
NOI $64,915 @ 7.0% cap · market cap 4.30%
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.70M (±1% cap)
NOI $162,288 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Catering Service Hotel & Motel Nursing Home (Bike/Boat/Book/etc) Store

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

5,849
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - A clinical layout includes a dedicated reception area, accessible entry, elevator service, and central heating and air conditioning.
Where is this medical office space located?
The property is located at M2-2964 Brighton 6th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,510,000.
What are key features of this property?
This property features: 9‑room layout includes two former operating rooms; Dedicated reception area, changing room, kitchenette, and 3 bathrooms; Two separate entrances, including a handicap‑accessible entrance
More about this property
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