1523 Voorhies Avenue, Brooklyn, NY 11235

$8,300,000

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List Price
$8,300,000
Days on Market
82
MLS#
997161
Status
ACTIVE
Property Type
Office
Property Tax
$132,141
School District
Brooklyn 22
High School
Professional Pathways High School
Jr. High
Jhs 14 Shell Bank
Elementary School
Ps 254 Dag Hammarskjold

Property Description

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.

Additional Information

Basement
See Remarks
Heating
See Remarks
Cooling
Central Air
Water
Other
Sewer
Other

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Albert Y. Taye (tayealbert@gmail.com) from Listing Office: RE/MAX Edge.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.