2402 86Th StBrooklyn, NY 11214

This exceptional 2,000 square foot commercial office building, located at 2402 86th Street B in Brooklyn, NY 11214, presents a lucrative investment opportunity. Currently operating as an established physical therapy center, the property boasts a substantial gross yearly income of $700,000 and a net operating income (NOI) of approximately $202,000, resulting in an attractive 2.04% capitalization rate. The asking price is $99,000. The single-unit building sits on a 19,333 square foot lot and features impressive 11-15 foot ceilings. The spacious interior includes a large waiting area, a reception desk, a file room, multiple treatment rooms, and two restrooms. The property benefits from a lease with a 3% annual rent increase, with water and property taxes included. This turnkey operation is ideally suited for a similar medical practice or other professional office use, offering immediate income generation and significant growth potential in a highly desirable Brooklyn business district. The property's strong financial performance and prime location make it an exceptional investment opportunity not to be missed.