
Courtesy of: Vladimir Levitan, RE/MAX Edge, vladimirlevitan777@gmail.com
$8,300,000
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Lot: 0.08 Acres
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Office
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$8,300,000
1523 Voorhies Avenue Five-story commercial building located in a prime central area of Sheepshead Bay, currently configured for medical and professional office use. The property features a beautifully maintained interior with high-quality finishes, extensive built-in cabinetry, and a welcoming, well-appointed lobby. All building systems are in excellent working condition, ensuring seamless day-to-day operations for tenants. The property is fully utilized and generates strong, stable income, with a projected cap rate of approximately 7%. Additionally, the sale includes an assumable $5M mortgage at an attractive 3.78% interest rate, significantly enhancing the investment appeal. This is a rare investment opportunity offering both immediate cash flow and long-term value in a highly desirable location.
Courtesy of: Vladimir Levitan, RE/MAX Edge, vladimirlevitan777@gmail.com
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