3696 Nostrand Ave - Storefront FOR SALE


Brooklyn, NY 11235- Sheepshead Bay
$4,200,000 USD
718-954-1363
3696 Nostrand Ave, Brooklyn, NY for Sale
$4,200,000 USD
Storefront - FOR SALE
1/11
null | Request Cap Rate

3696 Nostrand Ave
Brooklyn, NY 11235
Sheepshead Bay


HIGHLIGHTS

  • Excellent Opportunity for End User or Investor
  • Corner Retail Building
  • Single-Story Tax-Payer with Excellent Visibility
  • 3 Retail Stores with Basements and Loading in the Rear Yard
  • 2 Vacancies and 1 Tenant with a Short-Term Lease
  • Immediate Occupancy, Value-Add Repositioning

OVERVIEW

3696 Nostrand Avenue presents a rare opportunity for both owner-users and investors to acquire a highly visible corner retail property in an established commercial corridor. This single-story taxpayer building has strong street presence and excellent exposure, making it ideal for businesses seeking maximum visibility and accessibility. Its corner positioning further enhances signage and branding potential, attracting steady foot and vehicle traffic in a dense, well-traveled neighborhood. The property consists of three individual retail stores, each with its own basement and convenient rear yard loading access, offering flexibility for a variety of commercial uses. With two units delivered vacant and one occupied on a short-term lease, the asset allows for immediate occupancy and strategic value-add repositioning, whether through redevelopment, re-tenanting, or long-term hold. This is a compelling chance to secure a prime corner retail building with strong upside potential in one of Brooklyn’s active commercial districts.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R4, C2-2

APN/PARCEL ID

07422-1006

ASK ABOUT THIS PROPERTY

Denis AbayevCommercial Acquisitions IncMore Info
718-954-1363

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Denis AbayevCommercial Acquisitions IncMore Info
718-954-1363

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