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

  

Powered byLuxury Presence