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2116 Avenue P, Brooklyn, NY 11229
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$2,750,000
Active for Sale
FLATEAU REALTY CORP
Office: 718-953-2732
368A DECATUR ST,
BROOKLYN, NY 11233

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Listing ID 10577853
Property Type Commercial Building
County Kings
Township Kings
Neighborhood Madison
Total Tax $39,000

Incredible Investment Opportunity on Busy Ave P/Kings Hwy inter

Incredible Investment Opportunity on Busy Ave P/Kings Hwy inter So many possibilities for this free standing building on Avenue P between East 21st/22nd streets & at the busy intersection of Kings Highway!!! In the heart of Madison this incredible investment opportunity is currently being used as a high tech, modern Medical facility that has some of Brooklyn's top Docs, modern diagnostics lab and a rehab center on site. Well established and super busy location with ample street parking. High visibility and close to all transportation. This is a perfect set-up for an existing Doctor looking to grow or as presently used to rent space to a multitude of specialties while maintaining their own practice. Prime location for Builders- Zoned R7A on a 40x100 lot. Lower level has its own entrance, a waiting room/reception area, 7 exam rooms, 3 offices, 3 bathrooms, 3 pantries, 1 physical therapy room, wheelchair accessible. Single wheelchair elevator. Current rental income from lower level approximately $4,500/mo 1st level has 2 entrances, 2 waiting rooms/reception areas, 2 offices plus 4 exam rooms on 1 side, and 2 offices plus 3 exam rooms on the other side, there is also a blood draw lab. Single Wheelchair elevator. $12,500/mo rental income from 1st level. 3rd level is a approximately 1300 sf office currently a corporate RX office currently rented at $2300/mo There are no leases in place. All tenants are monthly/some occupy the premises just a few days a week There are currently about 12 practices total in the building not including the owner. $230k gross income/yr. Subject to change without notice. Verify all info prior to sale. Proof of funds required with all offers.
Edward T Romeo Broker/Pres, PROOF REO INC, proofreo@gmail.com,
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Property Details
  • 4 Full Baths
  • 5950 Sq. Ft.
  • 0.09 Acres
  • 4000 Sq. Ft. Lot
  • Built in 1950
  • Renovated 2007
  • 3 Stories
  • Available 02/17/2019
  • Full Foundation
  • Lower Level: Finished
  • Parcel: 06784-0007
Interior Features
  • Laminate Flooring
  • Forced Air
  • Gas Fuel
  • Natural Gas
  • Central A/C
Exterior Features
  • Masonry - Stucco Construction
  • Municipal Water
  • Municipal Sewer
  • Handicap Features
  • Near Bus
  • Near Train
Community Details
  • Duplex (Bldg. Style)
Commercial Info
  • 2116 Medical Center (Business Name)
  • Class: R7A
  • 1 Passenger Elevator
  • 2 Parking Spaces
Income/Expenses
  • Gross Income $230,000
Taxes and Fees
  • $39,000 Total Tax
FLATEAU REALTY CORP
Office: 718-953-2732
368A DECATUR ST,
BROOKLYN, NY 11233

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Listing Courtesy of  
Edward Romeo, PROOF REO INC
Listings data is deemed reliable but is NOT guaranteed accurate by NY State MLS.
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