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
Location/Town | Flatbush |
Area/County | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $37,300.00 |
Year Built | 1995 |
Lot Size | 33.33x100 |
Lot SqFt | 3,333 |
Zoning | R6 |
Tax Lot | 6 |
Listing information courtesy of: BERKSHIRE HATHAWAY |