About 1523 Voorhies
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.
Features of 1523 Voorhies
| MLS® # | 500421 |
|---|---|
| Price | $8,100,000 |
| Bathrooms | 0.00 |
| Square Footage | 18,858 |
| Year Built | 2000 |
| Type | Commercial |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 1523 Voorhies |
|---|---|
| Area | Sheepshead Bay |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11235 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Elevator – Passenger |
|---|---|
| Fireplace | No |
| # of Stories | 5 |
| Has Basement | Yes |
| Basement | Cellar, Partial |
Exterior
| Exterior Features | Doors - 10 ft and under, Other |
|---|---|
| Lot Description | 3600 |
| Roof | Flat |
| Construction | Block |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | April 20th, 2026 |
|---|---|
| Days on Market | 66 |
| Zoning | C4-2 |
| Tax | $133,000 |