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2814 Clarendon Road, Flatbush, NY 11226

[Flatbush Real Estate, listing number 7070136]



Description: 7070136
   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,$426,480 net income, 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. We kindly request that all interested parties arrange appointments before entering the building, as a gesture of respect for the ongoing operations within. Seize the chance to be a part of this unparalleled investment opportunity, where excellence, profitability, and innovation converge seamlessly.

Details:
   Property Type: Commercial
   Built: 1995

Financials:
   Price: $5,000,000

 

BHHS Fillmore R.E.
Joseph Devito
Office: (718)259-1600

email: joedevito@fillmore.com
provided by Brooklyn NY MLS