Built in 1931, the semi-detached brick building at 7202 13th Avenue in New York occupies a busy corner in Dyker Heights. This property is ideal for medical professionals ready to invest in a property rather than looking to rent office space again.
The property comprises of a total size of 4,000 square feet and boasts three commercial units. One ground floor unit is leased on a 5-year term, generating a gross income of $3,000 per month with a 5% annual increase. The other unit is built out as medical office space. The second floor of 7202 13th Avenue in New York is leased to a dentist, generating $3,417 rent per month.
All tenants at 7202 13th Avenue in New York pay their own heating and the property is in immaculate condition, offering a large signage opportunity and great exposure.
Access to public transit is a 5-minute walk away; the area boasts 20 restaurants, 3 banks and 4 groceries nearby. Local tenants include Chase Bank, Bagelicious, Taquitos Mexico, La Bella Panini and Jimmy's Place.
Featuring an attractive gray facade with a modern all-glass storefront, 7202 13th Avenue in New York also boasts a lovely cornice with dentils at its roofline.
|25 Mb/s: Cablevision/Optimum|
|25 Mb/s: Verizon New York|
|6 Mb/s: Time Warner Cable|
|25 Mb/s: MegaPath|
New York City
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.