2008 Ocean AveBrooklyn, NY 11230

This exceptional investment opportunity presents a 3,502 square foot, state-of-the-art medical facility located at 2008 Ocean Avenue in Brooklyn, NY, 11230. The property, built in 2012, boasts 12 exam rooms and 4 bathrooms, equipped with central AC and heat, and an elevator. A significant advantage is the existing 5-year lease with a reputable medical center (Medwell Women's Medical Services), guaranteeing a monthly income of $6,000, with a 5-year renewal option and a 3% rent increase every two years. Tenant pays maintenance, and tax abatement is still in effect. The property includes one deeded parking space and is situated within a mixed-use building with 17 residential units. Its prime location offers convenient access to public transportation, including a nearby bus stop and subway lines (B & Q lines within 3 blocks). Numerous national retailers, such as Chase, Starbucks, Walgreens, Bank of America, CVS, and Dunkin', are in the immediate vicinity. The property sits on a 5,000 square foot lot and features ceiling heights ranging from 8-10 feet and 11-15 feet. The asking price is $1,030,000, with a net operating income (NOI) of $68,000 and a cap rate of 0.07%. This presents a strong, stable investment with significant potential for long-term growth.