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20990443
20990442

8746 20th Ave, Brooklyn, NY 11214

AA
NY NY 0000
Commercial Acquisitions
Listed by Commercial Acquisitions
$6,250,000
537 days on market
Updated 101 days ago

8746 20th Avenue

Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 16,489
Cap Rate 5.00%
NOI $300,403
Occupancy 60%
Tenancy Multi
Year Built 2018
Lot Size (SqFt) 3,360
Zoning R5, C1-2

Office Building for Sale:

Marketing description

Presenting a modern, newly built office building, constructed in 2018, located in a prime Brooklyn location. This property features high ceilings, central air conditioning, and an elevator for seamless accessibility, ensuring a sophisticated and functional space for professional use.

Situated near the Belt Parkway, the building offers excellent connectivity, enhancing convenience for clients and employees. Its contemporary design and strategic location make it an exceptional investment opportunity for businesses or portfolios seeking quality and versatility.

- Sub-Lower Level: Vacant

- Lower Level: Physical Therapy; Oct 2021 - Oct 2031 & 5 Year Option

- First Floor: Northwell Hospital; Nov 2023 - Oct 2028

- Second Floor: Vacant

- Third Floor: Pediatrics: Oct 2023 - Sep 2028

Please contact the listing agent for further details or to arrange a private viewing.

Listing Contacts

AA
NY NY 0000
Commercial Acquisitions
Listed by Commercial Acquisitions

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$300,403.00
$25,033.58/mo

Valuation Metrics

0
DSCR
4.81%
Cap Rate
4.81%
ROI

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Additional Information

Name
Arsen Atbashyan
License
NY 0000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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