1523 Voorhies Avenue, Brooklyn, New York 11235
- $8,100,000
- 18,858
- SqFt
- List Price
- $8,100,000
- Price Change
- ▼ $200,000 1782439732
- Status
- ACTIVE
- MLS#
- 500421
- Sq. Ft
- 18,858
- Year Built
- 2000
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.
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Additional Information
- Lot Size
- 3,600
- Stories
- 5
- Parking Description
- 2 Spaces
- Year Built
- 2000
- Zoning
- C4-2
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Assumption, Bank Mortgage
- Building Type
- Attached
- Year Built
- 2000
- Basement
- Cellar, Partial
- Lot Dimensions
- 100 x 36
- Building Dimensions
- 100.00 x 36.00
- Estimated Yearly Tax Amount
- $133,000
Mortgage Calculator
Listing courtesy of RE/MAX Edge.