$289,900

3060 Ocean Avenue LP, Brooklyn, NY 11235, US

Summary

Style: Commercial
Sq Ft: 900
Year Built: 1956

Moving Quotes

primary photo for 3060 Ocean Avenue LP, Brooklyn, NY 11235, US

Remarks

ATTENTION MEDICAL PROFESSIONALS. I am pleased to present this specious, sun filled, 900 SF medical, or medical related commercial coop suite.
This prime office space is located in the street-level lobby floor with its own private entrance, of well-maintained financially stable coop building.The suite consists of 5 rooms and a full bathroom, with 9.5 FT tall ceilings, large waiting area with a front desk, 3 exam rooms and a large doctor’s office with a kitchenette. It was used as a medical office for the past 20 years.
This is a Prime Sheepshead Bay location, with tremendous exposure, heavy pedestrian and vehicles traffic. The building stands on the North-West corner of Ocean Ave and Voorhees Ave intersection, next to everything, public transportation, shopping, places of worship, schools, parks, Emmons Ave promenade with all the restaurants and attractions and only few blocks away from public beach of Manhattan and Brighton Beach.
The monthly common charge is only 634.58, including heat, hot water, RE Tax, cooking gas.

It is a perfect opportunity for a medical professional to purchase an office in the prime South Brooklyn corner location for only $289,900.

This primary located street level medical office coop may be rented out after 2 years of ownership.

Today's rental rate for such location and amenities is from $40 to $45 per SF a year.

900 SF X $40 = $36,000 (ANNUAL GROSS).

$36,000 - $7,600(common charges)=$28,400 (NOI).

MINIMUM POTENTIAL CAP RATE 9.8% TO 12%.
Seller is motivated. You simply can not go wrong with this price, similar unit was just sold for $320,000 in the same building.

Details

MLS#: 435153
Price: $289,900

Style: Commercial
Sq Ft: 900
Year Built: 1956

County: Kings (Brooklyn)
Tax Fee: 0.00

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Broker Contact

City Express Realty LLC
2357 East 29th St
Brooklyn, NY, 11229
US
! (718) 412-0440
! ayanoff@cityexpressrealty.com

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Brooklyn New York Multiple Listing Service
Last updated: 2019-12-06T12:27:20.000-05:00.
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