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.
18,858 Sq Ft
3,600 Sq Ft Lot Size
commercial
$11,083 Monthly Tax
Built in 2000
MLS/Listing ID 7639026
5 Stories
Construction - Block
Flat
Parking - 2 Spaces
Poured Concrete
TOTAL MONTHLY COST
$0
$0
$0
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