1 / 5

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.
| Listed | May 8, 2026 |
| Days on Market | 117 |
| Last Updated | August 28, 2026 |
Full public sale/price history isn't available through our listing feed for this property.
Drag the sliders above to model your own purchase price, term, down payment, and rate — the numbers update live. For a precise breakdown, use our NYC Buyer Closing Cost Calculator and Commission Rebate Calculator.
Closed-sale data isn't available through our current listing feed for this neighborhood.




