A
2814 Clarendon Road
Flatbush NY, 11226
$3,500,000
A
Commercial
Built in 1995
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
3501481
MLSⓇ ID
September 1, 2023
Listed
May 9, 2024
Updated
Map
2814 Clarendon Road
Flatbush NY, 11226
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.08 Acres
Other Property Details
Taxes
$37,300
Tax Frequency
Annually
Garage
No
View
No
County
Brooklyn
Municipality
Brooklyn
Pool
No
Listed by Fatima Smith Emmett Laffey with BERKSHIRE HATHAWAY
Listing Contact: 516-668-9154
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rosemarie Tucker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 OneKey MLS. All rights reserved.
Data last updated 8:30 AM UTC, 5/9/2024