This fully occupied 9,820 SF office/medical condo presents a rare investment opportunity in Kensington, Brooklyn. Generating a stable Net Operating Income (NOI) of $349,420 with an attractive 7,7%+ cap rate, this property offers investors strong financial returns in a high-demand location.
Key Investment Highlights:
? Property Type: Office/Medical Condo
? Total Unit Size: 9,820 SF
? Parking Spaces: 6
? NOI: $349,420
? Cap Rate: 7,76%
? Asking Price: $4,500,000
? Year Built: 2002
? Occupancy: 100%
Investment Advantages:
? High Yield Opportunity – Strong 7,76% cap rate ensures attractive returns.
? Stable Cash Flow – Fully leased with an NOI of $349,420.
? Prime Location – Located in Kensington, Brooklyn, a sought-after area for office and medical tenants.
? Rare Offering – 8-unit commercial condo at the base of a 27-unit residential building.
Building Photo
Building Photo
Building Photo
Building Photo
