Jeffrey Farnell - Smitchger Realty Logo
$8,300,000
( $440.13Per Sq Foot )
 $44,556 est/mo Sourced by Back At You

1523 Voorhies Avenue,Brooklyn, NY 11235

Brooklyn, NY 11235

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Description

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.

Details

MLS #997161
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Days On Site107
Listing Provided ByRE/MAX Edge | Albert Y. Taye

Features

SQ Feet18,858
BasementY

Interior

CoolingCentral Air
HeatingSee Remarks

Exterior

Construction MaterialsBlock

Utilities

UtilitiesSee Remarks
SewerOther

Taxes

Tax Year2026
Tax Annual Amount132141
Tax Lot156

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11235
School DistrictProfessional Pathways High Schoo
Elementary SchoolPs 254 Dag Hammarskjold
High SchoolProfessional Pathways High Schoo
Listing VS Median (in 11235)
Price:
$8,300,000
low | high
Med:
$659,000
100% of Average
sqft:
18,858
low | high
Med:
1,250
100% of Average
$ / sqft:
$440
low | high
Med:
$527
30.217619277108% of Average
On site:
107
low | high
Med:
126
84.920634920635% of Average
Sourced by Back At You

Market Activity 11235

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Learn More About This Property

Jeffrey Farnell

Jeffrey Farnell

John J Lease REALTORS

GRI (914) 850-1257jeffreygfarnell@yahoo.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11235
School DistrictProfessional Pathways High Schoo
Elementary SchoolPs 254 Dag Hammarskjold
High SchoolProfessional Pathways High Schoo
Listing VS Median (in 11235)
Price:
$8,300,000
low | high
Med:
$659,000
100% of Average
sqft:
18,858
low | high
Med:
1,250
100% of Average
$ / sqft:
$440
low | high
Med:
$527
30.217619277108% of Average
On site:
107
low | high
Med:
126
84.920634920635% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 3:23:06 PM PDT

Jeffrey Farnell - Smitchger Realty