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Located at 1103 Cortelyou Road, Brooklyn, Nova York 11218, Ditmas Park neighborhood, this Condomínio is for Venda with a price of $1,150,000 USD. The property and 1 partial baths. This listing has 1,400 Pés Quadrados of interior space. See all Homes for Venda in Ditmas Park.
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BrooklynDitmas Park1103 Cortelyou Road

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Descrição

1103 Cortelyou Road,

355 STRATFORD ROAD, #CF, Brooklyn, NY 11218

Turnkey medical office condo investment! Located on bustling Cortelyou Road, in the heart of Ditmas Park, this 1,400 sq. ft. property offers a functional layout with four exam rooms, a large open recreational room, a waiting area, two bathrooms, a kitchen, two entrances, and a dedicated storage unit. Approved for medical office or community facility use only, it ensures continued demand from similar tenants. Cortelyou Road is a lively corridor known for its local charm and convenience, surrounded by popular restaurants, cafes, and shops, including Lea''s, Mimi''s Hummus, Madeline''s, Sycamore Bar & Flower Shop, George''s Diner, and the Flatbush Food Co-op. Kings Theater and Newkirk Avenue are also nearby. Commuting is easy with the Q train at Cortelyou Road offering a 35-minute ride to Union Square, and the B/Q trains at Newkirk Plaza providing access to downtown Manhattan in about 40 minutes. The office is fully leased to a well-established physical therapy practice, providing stable rental income and a cap rate of approximately 6%. The tenant pays $6,750 per month, with a 3% rent increase scheduled for August 2025 and subsequent annual increases thereafter. Additionally, the tenant covers real estate taxes, keeping ownership expenses low. Common charges are $873.69 per month for the office space and $41.57 per month for the storage unit. The current lease runs through July 31, 2028, offering long-term security for investors. With stable income, low operating costs, and a prime location in a vibrant neighborhood, this medical office condo presents a compelling investment opportunity. Contact us today for more information!

Serviços

  • Dining Area
  • Elevator
  • Air Conditioning
  • Pets Allowed
Listing By: Poljan Properties via Data Source: RealPlus MLS 
1
Partial Bath
8
total rooms
$1,150,000
price
$821
Price Per Sqft
$915
Taxas mensais
$10,983
Anual Fees
$14,292
Annual taxes
Condomínio
Tipo de propriedade
New York City Department Of Education
Distrito Escolar
New York City Department Of Education
Distrito Escolar
new-york-city-department-of-education-new-york-ny
Schools
9779455
Id da web
9779455
ID do MLS
206
Days Posted

Histórico de preços

datepricevariancetype
1/21/2025$1,150,000-Listados
1,400 pé²
interior
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    355 STRATFORD ROAD, #CF
    Ditmas Park, Brooklyn, NY 11218

    $1,150,000