MLS#997161
STATUSActive
PROPERTY TYPECommercial - Office
SCHOOLBrooklyn 22
Property Description
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.
Property Features
Property Type: Commercial - Office
Basement: See Remarks
Cooling: Central Air
Heating: See Remarks
Taxes: $132,141
Feature Descriptions
Building Area Total: 18858
Business Type: Medical, Professional/Office
Days on Site: 14
Exterior: Block
On Market Date: 2026-05-08
Parcel Number: 07459-0156
Rental Term: Monthly
Sewer: Other
Utilities: See Remarks
Water: Other
Local Schools
High School: Professional Pathways High School
Middle School: Jhs 14 Shell Bank
Elementary School: Ps 254 Dag Hammarskjold
School District: Brooklyn 22
Listed By / Shown By
Listing By
Agency Name: RE/MAX Edge
Agency Contact: 718-288-3835
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
Agency Title: Coldwell Banker American Homes
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1523 Voorhies Avenue | MLS# 997161
This commercial property located at 1523 Voorhies Avenue, Brooklyn, NY 11235 is currently listed for sale with an asking price of $8,300,000. Voorhies Avenue is located within the Brooklyn 22 school district. Search Brooklyn real estate on lindakyan.cbamhomes.com today.