About 2814 Clarendon Road
Introducing an exceptional opportunity for discerning investors: Welcome to the prestigious Medical Center. Nestled in a prime location, this income-generating gem boasts an impressive approximate 12% cap rate, setting the stage for a lucrative investment, ideal for savvy individuals seeking a rewarding venture, including those exploring 1031 exchanges. Distinguished by a roster of esteemed medical professionals, this center stands as a hub of innovation and excellence. A constellation of medical doctors sublets dedicated spaces on long-term leases, underscored by the security of triple net arrangements, ensuring a seamless income flow. Comprehensive financials and sublease details are readily available upon request, affording prospective investors a transparent and informed entry into this opportunity. This meticulously designed 2-story building, complemented by a finished basement, stands as a testament to architectural sophistication. Currently achieving a remarkable 100% occupancy rate, the building's 23 x 70 dimensions accommodate over 5,000 sqft of premium, income-generating space. Encompassing a property size of 33.33 x 100, zoned R6, the potential for growth and expansion is unparalleled. Seize the chance to be a part of this unparalleled investment opportunity, where excellence, profitability, and innovation converge seamlessly
Features of 2814 Clarendon Road
MLS® # | 3501481 |
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Price | $3,500,000 |
Bathrooms | 0.00 |
Acres | 0.08 |
Year Built | 1995 |
Type | Commercial |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 2814 Clarendon Road |
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City | Flatbush |
County | Brooklyn |
State | NY |
Zip Code | 11226 |
Additional Information
Listing Details
Office | BERKSHIRE HATHAWAY |
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Office Contact | 516-668-9154 |