18,858 sqft

$8,100,000

1523 Voorhies Avenue, Brooklyn NY, 11235

Price per sqft$429.53

Property size18,858 sqft

Property typeCommercial

Courtesy of RE/MAX Edge, Albert Y. Taye Listing Contact: 718-288-3835

Overview

Active

Listed May 8, 2026

Updated 3 weeks 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.

Other Property Details

Taxes: $132,141
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:49 AM UTC on 8/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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