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2008 Ocean Ave 3,500 SF Medical Condo Unit Offered at $1,409,854 CAD in Brooklyn, NY 11230

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Property Facts

Total Building Size 3,500 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 7
Typical Floor Size 3,500 SF
Year Built 2012
Tenancy Single
Lot Size 0.08 AC
Parking Ratio 0.29/1,000 SF
Zoning R7A - R7A

1 Unit Available

Unit C1

Unit Size 3,500 SF
Price $1,409,854 CAD
Price Per SF $402.82 CAD
Condo Use Medical
Sale Type Investment
Cap Rate 6.62%
NOI $93,332.32 CAD
No. Parking Spaces 1
Sale Conditions 1031 Exchange, Sale Leaseback
Description

3502 Square Foot First and Lower Level Community Facility, (Built 2012)

  • 1 deeded parking spot included in the price,
  • The Lease is $6000 per month guaranteed by the well established medical center ( Medwell Women's Medical Services )
  • Lease is 5 years plus 5 years option to renew with 3% increase every second year.
  • Maintenance paid by the tenant and there is still tax abatement in effect.
  • State-Of-The-Art Medical Facility with 12 exam rooms and 4 bathrooms.
  • Elevator.
  • Central AC and Central Heat,
  • Located at the Base of the Mixed Residential and Commercial Building Condo with 17 residential apartments.
  • Bus Stop Within Feet of the Subject Property
  • An Entrance to the B & Q Subway Lines on Kings Hwy is Within 3 blocks of the Subject Property Chase, Starbucks, Walgreens, Bank of America, CVS, Dunkin' and Other National Tenants are in the Immediate Vicinity

Sale Notes

3502 Square Foot First and Lower Level Community Facility, (Built 2012)

  • 1 deeded parking spot included in the price,
  • The Lease is $6000 per month guaranteed by the well established medical center ( Medwell Women's Medical Services )
  • Lease is 5 years plus 5 years option to renew with 3% increase every second year.
  • Maintenance paid by the tenant and there is still tax abatement in effect.
  • State-Of-The-Art Medical Facility with 12 exam rooms and 4 bathrooms.
  • Elevator.
  • Central AC and Central Heat,
  • Located at the Base of the Mixed Residential and Commercial Building Condo with 17 residential apartments.
  • Bus Stop Within Feet of the Subject Property
  • An Entrance to the B & Q Subway Lines on Kings Hwy is Within 3 blocks of the Subject Property Chase, Starbucks, Walgreens, Bank of America, CVS, Dunkin' and Other National Tenants are in the Immediate Vicinity

Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 29068558

  • Date on Market: 2023-07-21

  • Last Updated:

  • Address: 2008 Ocean Ave, Brooklyn, NY 11230

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