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for saleRealtyLens property overview
$699,000
5024 10th Ave Unit M1
Brooklyn, NY, 11219
View more Brooklyn, NY property pagesStudioBeds
1Baths
1,755Sqft
$398$/sqft
Listing Notes
Prime Medical Office Condo in Borough Park Presenting a rare opportunity to acquire a 1, 755 sq ft medical office condominium situated in the heart of Borough Park, Brooklyn. This ground-level unit is located just two blocks from Maimonides Medical CenterBrooklyns largest hospital and a nationally recognized leader in healthcare innovation. Located in an elevator building, the condo features two private entrances, offering flexibility and privacy for both staff and patients. Its prime location ensures excellent accessibility via public transportation, with the D train (Fort Hamilton Parkway and 50th Street stations) and the B35 bus line just minutes away. Surrounded by 13th Avenue and other key neighborhood streets, the area is a hub of restaurants, shops, and community services, making it an ideal setting for healthcare professionals. Community Facility Use: This property also benefits from community facility zoning, making it suitable not only for medical use but also for social service agencies, child care centers, and other community-based uses. Whether you're expanding your practice or investing in a flexible-use commercial space, this property combines size, location, and convenience in one of Brooklyns most established medical corridors. For more information or to schedule a viewing, contact Exclusive Broker.
Market Insights
Below nearby median-50%
$398/sqft vs a nearby median of $801/sqft.
Nearby median$801/sqft
Nearby properties8
Property size1,755 sqft
- -50% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,755 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.36M$1.24M – $1.47M · 56% confidence
vs ask $699k−$659k (−94.3%)
Asking price is about 94.3% below the fair value — likely to draw competing offers if it's still on market.
$794/sqft median across 7 tight comps × 1,755 sqft= $1.39M
- Days-on-market gravity−$42k −3.0%
- Modern construction+$21k +1.5%
- Sparse street life−$21k −1.5%
- Transit access+$7k +0.5%
Cumulative NYC adjustments−$35k−2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 355 days
- Last price change
- No change recorded
- Listed
- May 23, 2025
- Photos
- 8 photos
- Property type
- condos
- Status
- for sale
- Last sold
- Jul 28, 2009 · $620,000
Features & Amenities
ElevatorPets AllowedSingle StoryElevatorMedicalcareShopping
Photos
Building Facts
- Year built
- 2007
- Stories
- 5
- Total units
- 10
- Residential units
- 8
- Building area
- 9,190 sqft
- Lot size
- 2,491 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$699,000for sale
Public Records
DOB violations2 open
9 total recorded against the building
HPD violations4 open
15 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)20,669
Top: illegal parking
Top complaint types in ZIP 11219
- Illegal Parking5,623
- Blocked Driveway1,786
- Noise - Residential1,114
- HEAT/HOT WATER956
- Street Condition640
Recent DOB
- Aug 12, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jan 3, 2017V-DOB VIOLATION - ACTIVE · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
- Nov 14, 2016V-DOB VIOLATION - ACTIVE · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
- May 30, 2014V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
Recent HPD
- Apr 30, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Jun 5, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 25, 2025Class B · § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3A, 3rd STORY, 1st APARTMENT FROM EAST AT SOUTH
- Nov 27, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.