1537 Nostrand Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11226- East Flatbush
$1,575,000 USD
917-586-5185
1537 Nostrand Ave, Brooklyn, NY for Sale
$1,575,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 5.32% Cap Rate

NEW


1537 Nostrand Ave
Brooklyn, NY 11226
East Flatbush


HIGHLIGHTS

  • Heavy foot traffic and close to major retail activity on Church Ave There are two major residential projects across the street.
  • apartments have split systems for a/c and heat
  • the two residential apts have good tenants with under market rents. each apt can be easily rented for 3000.00 each.

OVERVIEW

Fully occupied. Mixed use building in the heart of Flatbush just south of Prospect Lefferts Gardens. Major residential development across the street. Subway and bus lines right outside and down the block. Major retail on Church Ave. " Little Caribbean " is on the upward trend. Named one of the coolest neighborhoods in the world by TIME OUT Magazine. There is a growing food lovers scene, all within a few blocks of this location.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$477 USD /SF

CAP RATE

5.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6

APN/PARCEL ID

04901-0071

ASK ABOUT THIS PROPERTY

Alex BiluAlexander Bilu Inc.More Info
917-586-5185

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Alex BiluAlexander Bilu Inc.More Info
917-586-5185

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.