Check Availability
$3,500,000
Commercial - For Sale

2814 Clarendon Road

Flatbush, NY 11226
bedrooms
Studio
bathrooms
0 Bath
$20,294
Estimated Monthly
$0
HOA / Fees
-0.45%
Cap Rate

About This Property

Introducing an exceptional opportunity for discerning investors: Welcome to the prestigious Medical Center. Nestled in a prime location, this income-generating gem boasts an impressive approximate 12% cap rate, setting the stage for a lucrative investment, ideal for savvy individuals seeking a rewarding venture, including those exploring 1031 exchanges. Distinguished by a roster of esteemed medical professionals, this center stands as a hub of innovation and excellence. A constellation of medical doctors sublets dedicated spaces on long-term leases, underscored by the security of triple net arrangements, ensuring a seamless income flow. Comprehensive financials and sublease details are readily available upon request, affording prospective investors a transparent and informed entry into this opportunity. This meticulously designed 2-story building, complemented by a finished basement, stands as a testament to architectural sophistication. Currently achieving a remarkable 100% occupancy rate, the building's 23 x 70 dimensions accommodate over 5,000 sqft of premium, income-generating space. Encompassing a property size of 33.33 x 100, zoned R6, the potential for growth and expansion is unparalleled. Seize the chance to be a part of this unparalleled investment opportunity, where excellence, profitability, and innovation converge seamlessly
Unit Size
-
Days on Market
244 days
Land Size
0.08 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$3,108
HOA Dues
-
Year Built
1995
Listed By
Last updated: 17 days ago (OneKey MLS #ONE3501481)

Price History

Date / Event Date Event Price
Sep 1, 2023 Listed by BERKSHIRE HATHAWAY $3,500,000
Listed by BERKSHIRE HATHAWAY

Property Highlights

Exterior Details

Property Information

Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1995

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.08
Lot Size Square Feet: 3333
Lot Size Dimensions: 33.33x100
Financial Details
Tax Annual Amount: $37,300

Building Info

Overview

    General

  • Year Built: 1995
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 3,333
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 33
  • Building Depth: 70
  • Building Frontage: 23
  • Gross Building Area: 5,030

    Building Floor Area

  • Commercial Building Floor Area: 5,030
  • Office Building Floor Area: 5,030

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: O7
  • Lot Type: 5
  • Land Use: 05
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 317
  • City Council District: 45
  • Police Precinct: 67
  • Fire Company: E255
  • Health Area: 7410
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4B
  • School District: 22

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5194
  • Lot: 6
  • Borough Block Lot: 3051940006

    Address

  • Full Address: 2814 Clarendon Road
  • Zip Code: 11226

Valuation

    Assessments Valuation

  • Assessed Total Value: $285,750
  • Assessed Land Value: $142,650

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
1 Bath
-
$2,995,000 Feb 20, 2018
$2,995,000 Aug 22, 2018
-
House
5 Beds
5 Baths
4,000 ft²
$855/ft²
$3,420,000 Apr 7, 2022
$3,420,000 Jul 8, 2022
-
House
7 Beds
4 Baths
3,500 ft²
$921/ft²
$3,225,000 Apr 12, 2022
$3,225,000 Jul 7, 2022
-
House
5 Beds
3 Baths
-
$3,150,000 Nov 20, 2020
$3,150,000 May 10, 2021
-
House
6 Beds
4 Baths
-
$3,075,000 Nov 6, 2020
$3,075,000 Dec 8, 2020
-
House
7 Beds
4 Baths
3,080 ft²
$972/ft²
$2,995,000 Jan 31, 2022
$2,995,000 Jun 7, 2022
-
Land
Loft
-
-
$3,999,999 Dec 17, 2022
-
$6,904/mo
Townhouse
Stu
16 Baths
18,800 ft²
$202/ft²
$3,800,000 Jan 11, 2023
-
$4,078/mo
Townhouse
Stu
17 Baths
16,000 ft²
$194/ft²
$3,100,000 Mar 21, 2023
-
$4,341/mo
Townhouse
5 Beds
2 Baths
2,633 ft²
$1,215/ft²
$3,199,000 Mar 23, 2022
-
$5,278/mo
House
8 Beds
6 Baths
3,200 ft²
$938/ft²
$3,000,000 Nov 9, 2021
-
-
House
8 Beds
4 Baths
7,480 ft²
$401/ft²
$2,999,999 Oct 27, 2022
-
-

About Central Brooklyn


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Frequently Asked Questions

When was property at 2814 Clarendon Road built and last sold?
The property at 2814 Clarendon Road was built in 1995 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2814 Clarendon Road is $3,535,000.
What are some comparable homes to 2814 Clarendon Road?
Homes that are comparable to 2814 Clarendon Road include a land property at 227 Clarkson Avenue, a townhouse property at 975 Ocean Avenue, 1096 Ocean Avenue.

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