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2374 Nostrand Ave
Brooklyn, NY 11210 Midwood

$3,500,000 USD

Storefront Retail Office For Sale  •  4,860 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 4,860 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1930
  • Tenancy Multiple
  • Zoning R6/C2-2
98 Transit Score
94 Walk Score

Highlights

Calling All Investors, Developers & End-Users!!! 100% Occupied 7 Unit Corner Mixed-Use Building In Midwood For Sale!!!
The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 9’ Ceilings, R6/C2-2 Zoning, 3 Apartments, 4 Stores, Basement, +++!!!
The Property Is Located In The Heart Of Midwood Just Blocks From Flatbush Avenue & Brooklyn College!!!
Neighbors Include USPS, Honda, Bank Of America, Target, ShopRite, Staples, T.J. Maxx, Dunkin’, Dollar Tree, Pathmark, Aldi, +++!!!
The Building Has 102’ Of Frontage On Nostrand Avenue + 22’ Of Frontage On Avenue J!!!
This Property Offers HUGE Upside Potential!!!

Financial Summary (Actual)

Net Operating Income: $157,182 USD (2024)
Total Expenses: $47,418 USD

Major Tenants

Tenant SF Occupied Lease End Date
B.J.W Nail Salon
Mike's Shoe Repair
Number One Chinese Restaurant

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 13 min - 3.9 mi
13 min - 4.6 mi
Transit/SubwayDriveWalkDistance
Brooklyn College-Flatbush Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Avenue J (Q - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
Newkirk Avenue (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 4 min 18 min 0.9 mi
Avenue H (Q - New York MTA Subway (The Subway)) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
John F Kennedy International 23 min - 11.8 mi
LaGuardia 30 min - 13.6 mi
Newark Liberty International 38 min - 20.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial