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.
Listing By
Agency Name: RE/MAX Edge
Agency Contact: 718-288-3835
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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1523 Voorhies Avenue | MLS# 997161
This commercial property located at 1523 Voorhies Avenue, Brooklyn, NY 11235 is currently listed for sale with an asking price of $8,300,000. Voorhies Avenue is located within the Brooklyn 22 school district. Search Brooklyn real estate on www.joycerealty.com today.