Listed by Laffey Real Estate
$1,500,000
59-04 Junction Boulevard, Rego Park
Details
Property Type Business for Sale, Office
Sub Type Medical Office
Square Footage 1,200
Units 1
Cap Rate 16.67%
NOI $250,000
Occupancy 100%
Price per SqFt $1,250
Broker Co-Op Yes
Investment Type Owner/User
Ownership Family Dental
Condo/Dental Business for Sale | 1,200 SqFt
Marketing description
Condo/Dental business for sale! The practice has been in business for 35 years and offers services such as Dental Implant, TMJ treatment, and overall surgical procedures. It is currently making $250,000 annually with a few hundred patients, but there is potential for more as it is only open 3 days a week (18 hours total) at this time. The 1,200sqft unit includes 4 operatories, a waiting room, reception desk, private room/office, staff room, sterilization room, and one bathroom. All equipment is in working condition. Furniture and fixtures are included in the sale. Maintenance is $945.28 per month, and a parking spot is included for $327.00 per month.
Listing Contacts
Listed by Laffey Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,000.00
$20,833.33/mo
Valuation Metrics
0
DSCR
16.67%
Cap Rate
16.67%
ROI
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