3338 Nostrand Ave - Retail FOR SALE


Brooklyn, NY 11229- Madison
$2,395,000 USD
917-204-2040
3338 Nostrand Ave, Brooklyn, NY for Sale
$2,395,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

NEW


3338 Nostrand Ave
Brooklyn, NY 11229
Madison


HIGHLIGHTS

  • High visibility approx. 800 vehicles per hour
  • perfect for Owner User
  • 6.25% cap rate

OVERVIEW

3334-3338 Nostrand Ave This exceptional high-visibility property sees approximately 800 vehicles per hour, offering outstanding exposure for any business. The property features a private driveway with parking for up to four vehicles. Recent upgrades include new boilers and updated electrical systems, providing peace of mind for years to come. The current total rent roll exceeds $14,000 per month, making this an attractive investment opportunity. The plumbing supply space can be delivered vacant, offering flexibility for an owner-user or additional leasing potential. Ideal for investors seeking strong cash flow or owner-users looking to establish their business in a prime, high-traffic location. The property consists of 2- mixed use buildings. Store plus 2 apartments in each building 4- 1 bedroom apartments totaling $7300 monthly 2 stores Medical supply $4009 monthly 8 years left on lease with 3% yearly increases Plumbing store $2800 (can be delivered vacant)

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$499 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3334-3338 Nostrand ave

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R4

APN/PARCEL ID

07308-0045

ASK ABOUT THIS PROPERTY

Richard DinermanPeerless PropertiesMore Info
917-204-2040

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Richard DinermanPeerless PropertiesMore Info
917-204-2040

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