5-Unit Medical Building Fully Occupied
$4,800,000
5205-5207 Church Avenue, Brooklyn, NY 11203
For Sale
Office
Building
Active
Last Updated: 05/02/2025
6.73
Cap Rate
323,198
NOI
Details:
Cap Rate: 6.73%
NOI: $323,198
Building Size: 14,400 sqft
Lot Area: 5,600 sqft
Highlights:
- Approximately 14,000 square feet fully leased medical office building
- Diverse tenant mix of doctors and physical therapists, with 4 established practices across 8 offices
- First Floor: Ophthalmology, Physical Therapy, & Retail store
- Second Floor: Medical Practice
- Subgrade Floor: Doctor offices Physical Therapy Space
- Stable Cash Flow - long term medical tenants
- Turnkey Investment - Elevator servicing all floors
- Newly installed & inspected sprinkler system
- Easy access to multiple bus lines, and within walking distance to the 2, 5 subway lines
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