1246 & 1250 Nostrand Avenue, Prospect – Lefferts Gardens, Brooklyn | Retail | $2,280,000

Home/Investment Sales/Exclusive Investment Sales/1246 & 1250 Nostrand Avenue, Prospect – Lefferts Gardens, Brooklyn | Retail | $2,280,000

1246 & 1250 Nostrand Avenue, Prospect – Lefferts Gardens, Brooklyn | Retail | $2,280,000

$2,280,000.00

Offering Memorandum

Details

  • Two contiguous retail buildings in the Prospect – Lefferts Gardens neighborhood of Brooklyn.
  • The buildings can be potentially delivered vacant.
  • 1246 Nostrand Avenue is a one-Story building consisting of 1,840 square feet. The retail is currently occupied and paying $4,620.66 a month including the two bedroom unit at 1250 Nostrand Ave. Lease expires in 2025.
  • 1250 Nostrand is a two-story building consisting of 2,600 square feet. The retail is currently occupied and paying $4,153.72 a month. Lease expires in 2026.
  • Properties are located near Winthrop Street [2,5] Train Station.
  • Lot Size: 3,700 SF (40′ x 92.5′)
  • Building Size: 4,450 SF (40′ x 92.5′)
  • Number of Units: 2
  • Zoning:R6, C2-3
  • F.A.R (As Built): 3.0 (1.0 & 1.41)
  • Total Buildable: 11,100 SF +/-
  • Cross Streets: Winthrop St & Parkside Ave
  • Year Built: 1920 & 1910
  • The asking price is set at $2,280,000 ~ please speak to exclusive agents for more details

Additional Information

Asset Type

Retail

City

Brooklyn

Neighborhood

Prospect Lefferts Gardens

Broker

Natali Gil-Yusupov, Sadya Liberow

Price

$2,280,000

Map

 

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