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Office Medical

Maimonides Medical Center

50 Oceana Dr W, Brooklyn, NY 11235

Listing Price: $11,750,000

Cap Rate
1.00%
Gross SF
15,490
Rentable SF
15,490
Price/Gross SF
$758.55
Occupancy
100.0%
Year Built
2015
Lot Size
8.79 acres

Investment Overview

The Shaknovich Practice, which is composed of nationally renowned Surgeons and Specialists, has 25 years of Experience in the Neighborhood and was Purchased by MMC in 2017 There is Limited Competition in Brighton Beach with Similar Practices and there are Limited Alternatives for Comparable Medical Space State-Of-The-Art Medical Facility with over 70 Rooms Article 28 Facility with an Approved Certificate of Need, both of which are Costly and Timely to Achieve Exclusive Entrance with Two Dedicated Elevators and Ambulatory Accommodations The Lease Expires in April of 2032 Strong Annual Rental Increases Located at the Base of the Luxury Oceanfront Community ‘Oceana' Consisting of 16 Buildings and 927 Residential Units. Bus Stops for the B1 and B68 are Within Feet of the Subject Property An Entrance to the B & Q Subway Lines is Within Feet of the Subject Property Chase, Starbucks, Walgreens, Bank of America, CVS, Dunkin' and Other National Tenants are in the Immediate Vicinity Oceana is Bounded by the Boardwalk and the Atlantic Ocean, Brighton Beach Avenue and the Manhattan Beach community.

Investment Highlights

  • 15,490 Square Foot Second Floor Community Facility
  • Fully Occupied by Maimonides Shaknovich Cardiology Wellness Institute
  • The Lease is Guaranteed by Maimonides Medical Center

Exclusively Listed By

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Trever Gallina

    Licensed Real Estate Salesperson

    (718) 475-4307

    Email Trever

    License(s): NY: 40GA0925878

    Brooklyn

Financing By

Office Medical

Maimonides Medical Center

Listing Price: $11,750,000

Cap Rate
1.00%
Gross SF
15,490
Rentable SF
15,490
Price/Gross SF
$758.55
Occupancy
100.0%
Year Built
2015
Lot Size
8.79 acres

Investment Highlights

  • 15,490 Square Foot Second Floor Community Facility
  • Fully Occupied by Maimonides Shaknovich Cardiology Wellness Institute
  • The Lease is Guaranteed by Maimonides Medical Center

Investment Overview

The Shaknovich Practice, which is composed of nationally renowned Surgeons and Specialists, has 25 years of Experience in the Neighborhood and was Purchased by MMC in 2017 There is Limited Competition in Brighton Beach with Similar Practices and there are Limited Alternatives for Comparable Medical Space State-Of-The-Art Medical Facility with over 70 Rooms Article 28 Facility with an Approved Certificate of Need, both of which are Costly and Timely to Achieve Exclusive Entrance with Two Dedicated Elevators and Ambulatory Accommodations The Lease Expires in April of 2032 Strong Annual Rental Increases Located at the Base of the Luxury Oceanfront Community ‘Oceana' Consisting of 16 Buildings and 927 Residential Units. Bus Stops for the B1 and B68 are Within Feet of the Subject Property An Entrance to the B & Q Subway Lines is Within Feet of the Subject Property Chase, Starbucks, Walgreens, Bank of America, CVS, Dunkin' and Other National Tenants are in the Immediate Vicinity Oceana is Bounded by the Boardwalk and the Atlantic Ocean, Brighton Beach Avenue and the Manhattan Beach community.

Exclusively Listed By

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Trever Gallina

    Licensed Real Estate Salesperson

    (718) 475-4307

    Email Trever

    License(s): NY: 40GA0925878

    Brooklyn

Financing By

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