984 50Th StBrooklyn, NY 11219

Property Details for 984 50Th St

Property size (Sq ft)

5,400 SF

Property type

Office properties

Description

This exceptional 5,400 square foot commercial office building in Brooklyn, NY, presents a unique investment opportunity. Located at 984 50th Street, this property boasts a prime location directly across from Maimonides Hospital, offering significant potential for growth and high occupancy rates. Currently configured as a four-unit building, with a lower level of 2,000 square feet, a first floor of 2,000 square feet, and a second floor of 1,100 square feet, it offers flexibility for various uses. The building features 8-10 foot ceilings and sits on a 2,000 square foot lot. Currently tenant-occupied, the building can be delivered vacant upon request, making it ideal for both investors seeking a strong return (5% cap rate) and owner-users looking for a strategic location. Floor plans are available upon request. The asking price is $3,299,000. This property is being sold as an investment property, but can be easily adapted to suit a variety of commercial needs. Its proximity to Maimonides Hospital makes it particularly attractive to medical-related businesses. Don't miss this chance to acquire a high-value property in a thriving Brooklyn neighborhood.

Location Insight

City

Brooklyn

County

Kings (Brooklyn)

State

New York

Latitude

40.6383

Longitude

-73.9997

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