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$8,300,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 1523 Voorhies Ave
General
- Price: $8,300,000
- Taxes: $132,141
- Status: Active
- Type: Office
- Source: Long_Island
- MLS ID: 997161
- Updated: Today (5/8/2026)
- Added to Site: Today
Business
- Business Type: Medical, Professional/Office
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn 22
- Elementary School: Ps 254 Dag Hammarskjold
- Middle School: Jhs 14 Shell Bank
- High School: Professional Pathways High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: See Remarks
Utilities
- Sewer: Other
- Water: Other
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Block
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 18858
- Square Feet: 18,858
Financial Considerations
- Tax Amount: $132,141
Disclosures and Reports
- Special Conditions: None
- Block: 7459
- Lot Number: 156
Listed by RE/MAX Edge
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Schools
Schools serving 1523 Voorhies Ave
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 254 Dag Hammarskjold 2469 East 18th Street, Brooklyn, NY 11235 | K-5 | 0.4 mi |
Jhs 14 Shell Bank 2424 Batchelder Street, Brooklyn, NY 11235 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1523 Voorhies Ave
Date
Details
Price
Change
Source
5/08/2026
Listed
$8,300,000
186.21%
MLS
10/01/2010
Sold
$2,900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1523 Voorhies Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$131,094
—
$1,324,350
9%
2025
$131,094
—
$1,218,120
-11%
2024
$130,893
-2%
$1,370,250
2%
2023
$133,088
9%
$1,342,800
17%
2022
$122,115
-50%
$1,147,050
—
2021
$246,294
90%
$1,151,550
-23%
2020
$129,912
10%
$1,498,950
13%
2019
$117,612
15%
$1,331,100
8%
2017
$101,932
—
$1,233,000
4%
2017
$101,932
5%
$1,186,200
30%
2016
$96,784
25%
$915,300
24%
2015
$77,550
4%
$735,829
—
2015
$74,575
-6%
$735,829
12%
2013
$79,580
—
$656,055
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1523 Voorhies Ave
1523 Voorhies Avenue, Brooklyn, NY 11235 (MLS# 997161) is a Office property. 1523 Voorhies Avenue is currently listed for $8,300,000 and was received on May 08, 2026. Want to learn more about 1523 Voorhies Avenue? Do you have questions about finding other Office real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

