| MLS # | 997161 |
| Taxes (per year) | $132,141 |
| Air Conditioning | Central Air |
| Bus | 1 min: B4, B49 |
| 2 min: B36 | |
| 4 min: BM3 | |
| 8 min: B68 | |
| Subway | 2 min: B, Q |
| LIRR | 6.4 miles: "Nostrand Avenue" |
| 6.7 miles: "East New York" | |
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Five-story commercial building located in a prime central area of Sheepshead Bay, currently configured for medical and professional office use. The property features a beautifully maintained interior with high-quality finishes, extensive built-in cabinetry, and a welcoming, well-appointed lobby. All building systems are in excellent working condition, ensuring seamless day-to-day operations for tenants. The property is fully utilized and generates strong, stable income, with a projected cap rate of approximately 7%. Additionally, the sale includes an assumable $5M mortgage at an attractive 3.78% interest rate, significantly enhancing the investment appeal. This is a rare investment opportunity offering both immediate cash flow and long-term value in a highly desirable location.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 RE/MAX Edge. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.







