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6 Bedrooms - Condo - New York State -..

6 Bedrooms - Condo - New York State -..

Location Date Added: 05.04.2017 at 17:08 Expiration Date: 17.02.2031 at 11:23 Page Views: 179 Listing ID 482992

Technical data

Purpose
Sale
Size of Property
154 m²
Bedrooms
6
Floor
2

Description

Strong investment opportunity or excellent opportunity for a Medical End-User.

Community facility condo (Currently set up for medical use) for sale in the heart of the Midwood section of Brooklyn, right off Avenue M.

Located in a newly built, 12-unit building, this professional condo is 1,658sf and is currently set up for medical use. There are entrances from the street & from the interior of the building, with elevator/lift access.

The unit is set up with a waiting room/reception area, six spacious exam rooms each equipped with a sink, a staff room, a doctor's study, two bathrooms & a small outdoor area. High ceilings, lots of windows & ample closet space make this a very functional space.

The building is located right off bustling Avenue M, with ease of access to a plethora of shops, restaurants and the Q train at Avenue M station. The location has high foot traffic & is easy to get to via public transportation and major roads.

There are 10+ years remaining on the 15 year 421A tax abatement & the common charges are very low.

For an investor- Using conservative market rental rates, this would be about a 6% cap investment.
For an end user- This is an opportunity to own a large condo in an area with tremendous upside.

This condo is zoned for community facility. Acceptable uses are:

Health-Medical- Dental
Educational
Recreational
Religious
Or other essential services for the community it serves.

Amenities: Elevator, Laundry

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