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150 Ocean Pkwy
Brooklyn, NY 11218

$3,875,000 USD

Medical Condo For Sale  •  9,820 SF

Property Details

  • Property Type Medical
  • Total Building Size 35,164 SF
  • Lot Size 0.29 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 9.01 %
  • Tenancy Multiple
  • Zoning C4-2
98 Transit Score
94 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Medical Office 9,820 SF $3,875,000 USD
  • Unit Size: 9,820 SF
  • Condo Use: Medical Office
  • Price: $3,875,000 USD
  • Sale Type: Investment
  • Price/SF: $394.60 USD
Description
8 Unit Commercial Condo

Sale Notes
100% occupied commercial condo with 6 parking spaces

Description 

Kensington, Brooklyn -- 8 unit Commercial Condo 
9,820 SF w/ 6 parking spots at base of a 27 unit condo
NOI: $349k, Price: $3.875 million -- 9% CAP Rate  
Contact: Anthony at avv@highcapgroup.com

Highlights

8 Unit Commecial Condo
100% Occupied, $349k NOI
Priced to Sell at 9% CAP

Financial Summary

Cap Rate: 9.01 %
Total Expenses: $0 USD

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 10 min - 3.9 mi
Atlantic Terminal (Babylon Branch - Long Island Rail Road, City Terminal Zone - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 10 min - 4.0 mi
Transit/SubwayDriveWalkDistance
Church Avenue (F,G Line) (F - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Fort Hamilton Parkway (F,G Line) (F - New York MTA Subway (The Subway)) 3 min 8 min 0.5 mi
Beverley Road (Q Line) (Q - New York MTA Subway (The Subway)) 3 min 14 min 0.8 mi
Church Avenue (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 3 min 16 min 0.9 mi
Cortelyou Road (Q - New York MTA Subway (The Subway)) 4 min 18 min 1.0 mi
AirportDriveWalkDistance
John F Kennedy International 23 min - 12.8 mi
Laguardia 26 min - 14.9 mi
Newark Liberty International 31 min - 18.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Christen Portelli 646-546-5255 Highcap Group LLC
Christen Portelli 646-546-5255 Highcap Group LLC