Commercial Sale in Flatbush, Brooklyn, NY 11226 | Web ID: PH545266 | $3,500,000

 
Property Description

Introducing an exceptional opportunity for discerning investors: welcome to the prestigious medical center. Nestled in a prime location, this income-generating gem boasts an impressive approximate 12% cap rate, setting the stage for a lucrative investment, ideal for savvy individuals seeking a rewarding venture, including those exploring 1031 exchanges. Distinguished by a roster of esteemed medical professionals, this center stands as a hub of innovation and excellence. A constellation of medical doctors sublets dedicated spaces on long-term leases, underscored by the security of triple net arrangements, ensuring a seamless income flow. Comprehensive financials and sublease details are readily available upon request, affording prospective investors a transparent and informed entry into this opportunity. This meticulously designed 2-story building, complemented by a finished basement, stands as a testament to architectural sophistication. Currently achieving a remarkable 100% occupancy rate, the building's 23 x 70 dimensions accommodate over 5, 000 sqft of premium, income-generating space. Encompassing a property size of 33. 33 x 100, zoned r6, the potential for growth and expansion is unparalleled. Seize the chance to be a part of this unparalleled investment opportunity, where excellence, profitability, and innovation converge seamlessly

Property Information
Location/Town Flatbush
Area/County Brooklyn
Prop. Type Commercial Sale
Tax $37,300.00
Year Built 1995
Lot Size 33.33x100
Lot SqFt 3,333
Zoning R6
Tax Lot 6
Listing information courtesy of: BERKSHIRE HATHAWAY
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