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$8,300,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 997161
Rental Info No
Annual Tax Amount $132,141
Property Sub-Type Office
Source onekey2
Property Description
Five-story commercial building located in a prime central area of Sheepshead Bay, currently configured for medical and professional office use. The property features a beautifully maintained interior with high-quality finishes, extensive built-in cabinetry, and a welcoming, well-appointed lobby. All building systems are in excellent working condition, ensuring seamless day-to-day operations for tenants. The property is fully utilized and generates strong, stable income, with a projected cap rate of approximately 7%. Additionally, the sale includes an assumable $5M mortgage at an attractive 3.78% interest rate, significantly enhancing the investment appeal. This is a rare investment opportunity offering both immediate cash flow and long-term value in a highly desirable location.
Location
State NY
County Kings (brooklyn)
Rooms
Basement See Remarks
Interior
Heating See Remarks
Cooling Central Air
Fireplace No
Exterior
Utilities Available See Remarks
Building
Sewer Other
Water Other
Structure Type Block
Schools
Elementary Schools Ps 254 Dag Hammarskjold
Middle Schools Jhs 14 Shell Bank
High Schools Brooklyn 22
School District Brooklyn 22
Others
Special Listing Condition None
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Listed by RE/MAX Edge • Albert Y. Taye
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716