2008 Ocean Ave
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2008 Ocean Ave
3,500 SF Medical Condo Unit Offered at $1,030,000 in Brooklyn, NY 11230
Property Facts
1 Unit Available
Unit C1
| Unit Size | 3,500 SF | Cap Rate | 6.62% |
| Price | $1,030,000 | NOI | $68,186 |
| Price Per SF | $294.29 | No. Parking Spaces | 1 |
| Condo Use | Medical | Sale Conditions | 1031 Exchange, Sale Leaseback |
| Sale Type | Investment |
| Unit Size | 3,500 SF |
| Price | $1,030,000 |
| Price Per SF | $294.29 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.62% |
| NOI | $68,186 |
| 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
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (89)
zoning
| Zoning Code | R7A (R7A) |
| R7A (R7A) |
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2008 Ocean Ave
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