385 Nostrand Ave | Brooklyn, NY 11216
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- LoopNet Team
385 Nostrand Ave
Brooklyn, NY 11216
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Heavy foot and car traffic
- Storefront commercial space with finished basement, bathroom, and private backyard - delivered vacant (projected rent $6,000/month)
- Apartment 1 lease expires 2/28/25 (actual rent $3,700), Apartment 2 lease expires 1/31/25 (actual rent $3,777)
- Two 3 bed/2 bath renovated apartment units, both with in-unit laundry
- Common roof deck
- Recently Renovated
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Building Class
B
Year Built
1910
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.84
Lot Size
0.04 AC
Zoning
R6A; CR-4 - A contextual district where the Quality Housing bulk regulations are mandatory
Frontage
20’ on Nostrand Ave
AMENITIES
- Metro/Subway
- Signalized Intersection
- Tenant Controlled HVAC
- Roof Terrace
- Storage Space
- Recessed Lighting
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 01823-0009 | Improvements Assessment | $64,680 |
| Land Assessment | $8,820 | Total Assessment | $73,500 |
PROPERTY TAXES
Parcel Number
01823-0009
Land Assessment
$8,820
Improvements Assessment
$64,680
Total Assessment
$73,500
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