ID # | H6306064 |
Detay | Chambre Etidyo, 2 mwatye twalèt, kondisyone lè, enteryè: 1400 ft2, 130m2 DOM: 29 jou |
Frè antretyen | $915 |
Taks (pa ane) | $14,290 |
Kalite chalè | Lè cho |
Kondisyone lè | Kondisyonè lè santral |
Sousòl | Okenn (Non) |
Bis (MTA) | 0 minit pou bis B103, BM1, BM2, BM3, BM4 |
1 minit pou bis B68 | |
7 minit pou bis B8 | |
9 minit pou bis B35 | |
Tren anba tè | 4 minit pou tren B, Q |
Tren (LIRR) | 2.8 mil pou "Nostrand Avenue" |
3 mil pou "Atlantic Terminal" | |
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Turnkey medical office condo investment! Located on bustling Cortelyou Road, in the heart of Ditmas Park, this 1,400 sq. ft. property offers a functional layout with four exam rooms, a large open recreational room, a waiting area, two bathrooms, a kitchen, two entrances, and a dedicated storage unit. Approved for medical office or community facility use only, it ensures continued demand from similar tenants.
Cortelyou Road is a lively corridor known for its local charm and convenience, surrounded by popular restaurants, cafes, and shops, including Lea''s, Mimi''s Hummus, Madeline''s, Sycamore Bar & Flower Shop, George''s Diner, and the Flatbush Food Co-op. Kings Theater and Newkirk Avenue are also nearby. Commuting is easy with the Q train at Cortelyou Road offering a 35-minute ride to Union Square, and the B/Q trains at Newkirk Plaza providing access to downtown Manhattan in about 40 minutes.
The office is fully leased to a well-established physical therapy practice, providing stable rental income and a cap rate of approximately 6%. The tenant pays $6,750 per month, with a 3% rent increase scheduled for August 2025 and subsequent annual increases thereafter. Additionally, the tenant covers real estate taxes, keeping ownership expenses low. Common charges are $873.69 per month for the office space and $41.57 per month for the storage unit. The current lease runs through July 31, 2028, offering long-term security for investors.
With stable income, low operating costs, and a prime location in a vibrant neighborhood, this medical office condo presents a compelling investment opportunity. Contact us today for more information! © 2024 OneKey™ MLS, LLC