The Brennan Team of Marcus & Millichap exclusively sold a medical office building located at 9020-9024 5th avenue in Bay Ridge Brooklyn New York. This three story property is one structure residing on two contiguous tax lots. The property totals 24,829 total gross square feet, including a 3,504 square foot underground parking garage. The property is zoned C8-2, which allows for all commercial uses.

The building currently has one tenant operating off of a lease. New York Eye & Ear has a 10 year lease for the entire third floor which started in November 2012. The lease contains two five year renewal options; one in 2022, and one in 2027. NY Eye & Ear is currently paying below the market rent for the 5,060 square feet of space in result of approximately $1,000,000 worth of renovation they financed before moving in.

The 4,042 square feet of second floor space is currently being used by two tenants, each occupying small spaces. Both tenants are operating on month to month leases.

The owner currently occupies both the first floor and basement of the building.

• Located in One of Southern Brooklyn's Most Desirable Neighborhoods
• 14,386 Square Feet of Available Unleased Commercial Space
• Five Blocks Away From 86th Street Retail Corridor
• Elevator That Runs Through Entire Building
• New Construction - Built 1994
• Option for Top of the Line Medical Equipment to be Delivered with Building
• Building includes 3,504 Square Feet of Usable Garage Space
• New Roof Installed in October 2013