1610 Dekalb Avenue, NY

• Located on Dekalb Avenue between Wyckoff Avenue and Irving Avenue

• Tenant is Wyckoff Heights Medical Center, a 350-bed teaching hospital located just around the corner

• The space is currently used as an out-patient medical clinic
• All three floors are utilized for medical examination rooms and offices. Purchaser will also receive title to 7 rooftop terraces (above the residential units)

• 8% annual rent increase in 2025
• Lease expires at the end of 2028, with a 5-year option to extend

• Cap rate post lease extension: 7.1%
• The property is conveniently located half a block from the Dekalb Street L train station

• Allowable uses: Educational, Cultural, Health Care, Medical, Arts, Non-Profits, Day Care, Child Care, Religious