Introducing an exceptional opportunity for discerning investors Welcome to the prestigious Medical Center.
Website: | https://www.nestseekers.com/3066866 |
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Address: | 2814 Clarendon Road Flatbush, NY 11226 |
Cross street: | Nostrand Ave |
Ownership: | For Sale |
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Type: | Commercial |
Bedrooms: | Studio |
Lot Size: | 3333 sq ft |
Financials
Price: | $3,500,000 |
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Annual Taxes: | $37,300 |
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
Contact
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1718-302-0900 Fax: +1718-228-3917 | |
Courtesy of BERKSHIRE HATHAWAY |