1826 Nostrand Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11226- East Flatbush
$1,850,000 USD
917-692-4980
1826 Nostrand Ave, Brooklyn, NY for Sale
$1,850,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | 7.46% Cap Rate

1826 Nostrand Ave
Brooklyn, NY 11226
East Flatbush


OVERVIEW

1826 Nostrand Avenue Is a 3 story mixed use building with a sneaker store paying $4,800 + 5% increases on the ground floor and a 1 bed behind that paying $2,000. The second and third floor consists of two 2 bedrooms each floor adding an additional roughly $7,350 per month making the gross income $170,000. Taxes: $20,000 Insurance: $5,000 Water and Heat: $7,000 NOI $138,000 Asking is $1.85M

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

7.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6

APN/PARCEL ID

04947-0057

ASK ABOUT THIS PROPERTY

Michael GammalSwift Real Estate Advisors, LLCMore Info
917-692-4980

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Michael GammalSwift Real Estate Advisors, LLCMore Info
917-692-4980

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