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, $426, 480 Net Income, 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.
We Kindly Request That All Interested Parties Arrange Appointments Before Entering The Building, As A Gesture Of Respect For The Ongoing Operations Within. 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
Style
Detached
Tax
$37,300.00
SqFt
5,030
# Stories
3
Year Built
1995
# of Cars
2 Spaces, Other
Basement
Finished, Full
Roof
Asphalt/Tar, Flat, P
Construction
Block
Foundation
Poured Concrete
Lot SqFt
3,333
Roof
Asphalt/Tar, Flat, P
Lavatories
4+
Walls
Sheet Rock
Zoning
R6
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