18,858 sqft

$8,100,000

1523 Voorhies Avenue, Brooklyn NY, 11235

Price per sqft$429.53

Built in2000

Property size18,858 sqft

Property typeCommercial

Overview

Active

Listed Apr 20, 2026

Updated 5h ago

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.

Additional information

MLS^® ID: 500421

Interior Features

Basement: Yes

Exterior Features

Lot Size: 0.08 Acres

Other Property Details

Taxes: $133,000
Tax Frequency: Annually

Listed by Vladimir Levitan with RE/MAX Edge
Listing Contact: 7186123088

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