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1826 Nostrand Ave

5,100 SF 100% Leased Retail Building Brooklyn, NY 11226 $1,777,000 ($348/SF) 7.68% Cap Rate

Retail Space New York Brooklyn 1826 Nostrand Ave, Brooklyn, NY 11226

Investment Highlights

  • High Traffic Area on Nostrand Avenue
  • Surrounding retail stores and restaurants in the neighborhood
  • Close to multiple public transit stops

Executive Summary

Investment Building in a high-demand area. This well-maintained property offers stable rental income, multiple tenant spaces, and potential for value-add improvements. Ideal for investors seeking a good and stable income with minimal management. Great potential income! Potential CAP 7,6%+

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,100 SF
Building Class
C
Year Built
1936
Price
$1,777,000
Price Per SF
$348
Cap Rate
7.68%
NOI
$136,500
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.34
Lot Size
0.05 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
R6 - Medium density residential district
Frontage
20 FT on Nostrand Avenue

Amenities

  • Bus Line
  • Commuter Rail
  • Metro/Subway
1 of 1
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Citi
Rent-A-Center
Golden Krust
Key Food
CTown
Chase Bank
Bank of America
Blink Fitness
Starbucks
HSBC

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04947-0057
  • 05195-0039
 Improvements Assessment $674,190
Land Assessment $12,150 Total Assessment $686,340

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04947-0057
  • 05195-0039
Land Assessment
$12,150
Improvements Assessment
$674,190
Total Assessment
$686,340
(347) 488-6474

Contacts

  • Listing ID: 32748754

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 1826 Nostrand Ave, Brooklyn, NY 11226

More public record information on 1826 Nostrand Ave, Brooklyn, NY 11226

The Retail Property at 1826 Nostrand Ave, Brooklyn, NY 11226 is currently available for sale. Contact Remax Edge for more information.

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1826 Nostrand Ave
(347) 488-6474 x

1826 Nostrand Ave

1/2

Anna Soboleva

(347) 488-6474

(347) 488-6474

Vadim Blinov

(631) 771-7777

(631) 771-7777

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