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1103 Cortelyou Road CF, Brooklyn, NY 11218

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For Sale

$1,150,000

1 half baths • 1,400 sqft

Estimated Payment

$ 6,072 /mo. †

6.76% APR for 30 yrs.
$1,191 in taxes
Change Loan Terms

  • Apartment
    Property type

  • $821.43
    Price per square foot

Explore this Property

<p>Turnkey medical office condo investment! Located on bustling Cortelyou Road, in the heart of Ditmas Park, this 1,400 sq. ft. property offers a functional layout with four exam rooms, a large open recreational room, a waiting area, two bathrooms, a kitchen, two entrances, and a dedicated storage unit. Approved for medical office or community facility use only, it ensures continued demand from similar tenants.</p> <p>Cortelyou Road is a lively corridor known for its local charm and convenience, surrounded by popular restaurants, cafes, and shops, including Lea''s, Mimi''s Hummus, Madeline''s, Sycamore Bar & Flower Shop, George''s Diner, and the Flatbush Food Co-op. Kings Theater and Newkirk Avenue are also nearby. Commuting is easy with the Q train at Cortelyou Road offering a 35-minute ride to Union Square, and the B/Q trains at Newkirk Plaza providing access to downtown Manhattan in about 40 minutes.</p> <p>The office is fully leased to a well-established physical therapy practice, providing stable rental income and a cap rate of approximately 6%. The tenant pays $6,750 per month, with a 3% rent increase scheduled for August 2025 and subsequent annual increases thereafter. Additionally, the tenant covers real estate taxes, keeping ownership expenses low. Common charges are $873.69 per month for the office space and $41.57 per month for the storage unit. The current lease runs through July 31, 2028, offering long-term security for investors.</p> <p>With stable income, low operating costs, and a prime location in a vibrant neighborhood, this medical office condo presents a compelling investment opportunity. Contact us today for more information!</p>
MLS# 23005669

Courtesy Of Poljan Properties

(917) 406-9075

Property Features

  • Architecture Style
    Other

Map and Directions

Directions to 1103 Cortelyou Road CF, Brooklyn, NY 11218

Home seller CENTURY 21 MK Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 MK Realty

(718) 627-7390
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $5,973
  • Property Taxes
    $99
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $6,072

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

P.s. 139 Alexine A. Fenty School

Grades PK-5 Public School

Brooklyn, NY 11226 0.1 miles
330 rugby rd

831 total students
15:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Cortelyou Early Childhood Center 0 miles Private KG
Yeshiva Bonim Lamokom 0.1 miles Private 4-12
J.h.s. 62 Ditmas 0.2 miles Public 6-8 B
Middle School 890 0.4 miles Public 6-8 A-
P.s. 889 Brooklyn 0.4 miles Public PK-KG C
P.s. 217 Colonel David Marcus School 0.4 miles Public KG-5 C
P.s. 245 Brooklyn 0.4 miles Public 1-5 B+
Yeshivat Shaare Torah Girls Elementary School 0.5 miles Private PK-8
P.s. 179 The Kensington School 0.5 miles Public KG-5 C+
Brooklyn Dreams Charter School 0.5 miles Public KG-8 B
P.s. K134 Brooklyn 0.6 miles Public KG-5 A
Bnos Yerusmalayim 0.6 miles Private PK-12
Middle School 839 0.6 miles Public 6-8 C
United Cerebral Palsy Of New York City 0.7 miles Private PK
Bnos Yaakov 0.7 miles Private 9-12
Nesivos Bais Yaakov 0.7 miles Private 1-8
Brooklyn College Academy 0.7 miles Public 9-12 A-
P.s. 249 The Caton School 0.7 miles Public PK-5 A-
P.s. 230 Doris L. Cohen School 0.8 miles Public KG-5 B+

Cortelyou Early Childhood Center

Distance: 0 miles

Type Private

Grades: KG

Yeshiva Bonim Lamokom

Distance: 0.1 miles

Type Private

Grades: 4-12

J.h.s. 62 Ditmas

Distance: 0.2 miles

Type Public

Grades: 6-8

B

Middle School 890

Distance: 0.4 miles

Type Public

Grades: 6-8

A-

P.s. 889 Brooklyn

Distance: 0.4 miles

Type Public

Grades: PK-KG

C

P.s. 217 Colonel David Marcus School

Distance: 0.4 miles

Type Public

Grades: KG-5

C

P.s. 245 Brooklyn

Distance: 0.4 miles

Type Public

Grades: 1-5

B+

Yeshivat Shaare Torah Girls Elementary School

Distance: 0.5 miles

Type Private

Grades: PK-8

P.s. 179 The Kensington School

Distance: 0.5 miles

Type Public

Grades: KG-5

C+

Brooklyn Dreams Charter School

Distance: 0.5 miles

Type Public

Grades: KG-8

B

P.s. K134 Brooklyn

Distance: 0.6 miles

Type Public

Grades: KG-5

A

Bnos Yerusmalayim

Distance: 0.6 miles

Type Private

Grades: PK-12

Middle School 839

Distance: 0.6 miles

Type Public

Grades: 6-8

C

United Cerebral Palsy Of New York City

Distance: 0.7 miles

Type Private

Grades: PK

Bnos Yaakov

Distance: 0.7 miles

Type Private

Grades: 9-12

Nesivos Bais Yaakov

Distance: 0.7 miles

Type Private

Grades: 1-8

Brooklyn College Academy

Distance: 0.7 miles

Type Public

Grades: 9-12

A-

P.s. 249 The Caton School

Distance: 0.7 miles

Type Public

Grades: PK-5

A-

P.s. 230 Doris L. Cohen School

Distance: 0.8 miles

Type Public

Grades: KG-5

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Brooklyn, NY 11218

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Brooklyn, NY 11218

This community’s employment is highest in the personal care and healthcare support industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
25° January
Coldest Average Month
24,988 Total Households in Area
-7.8% Increase in population since the year 2010
34.2%
of households
have children
36 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Brooklyn, NY 11218

Brooklyn, NY 11218 has a population of 73,868 people in 24,988 households with a median age of 35.7 years old.

-7.8%
Decrease in population
since the year 2010
Population is Trending down
26,659
Total households as of 2010
1.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 35.7 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 48%
Asian 23%
Hispanic 17%
Other 12%
Black 8%
Native American 1%
The most prevalent ethnicity is White at 48%, followed by Asian at 23%, Hispanic at 17%, and Other at 12%.

Economics
for Brooklyn, NY 11218

53,079 /sq mi
Population Density
$88,914 /yr
Median Household Income
$835,000
Median Sales Price
36 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.27% of the households.

Transportation to Work

  • Public Transit 48%
  • Drive 23%
  • Work from Home 16%
  • Walk or Bike 13%

Occupancy by Type

Rented 15,564 59%
Owned 9,424 36%
Vacant 1,471 6%

White vs Blue Collar Jobs







White Collar 82%
Blue Collar 18%

Family & Education Facts
for Brooklyn, NY 11218

35.7 Median Age

Average Household Size

2.9
persons per
household

49.8%

Married Households

Community Population By Education

Bachelors Degree 25%
Graduate Degree 22%
High School Graduate 21%
Some High School 14%
Some College 12%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 25.17% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
34.2% of households have children

Weather
for Brooklyn, NY 11218

The weather for this area ranges from a high of 84° F in July to a low of 25° F in January

84° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
39°
Feb
27°
41°
Mar
33°
49°
Apr
43°
60°
May
52°
70°
Jun
62°
79°
Jul
68°
84°
Aug
67°
83°
Sep
60°
76°
Oct
49°
65°
Nov
40°
54°
Dec
30°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 RealPlus LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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