Nostrand Avenue Brooklyn, NY 11216

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Nostrand Avenue Brooklyn, NY 11216

$1,600,000.00

  • Three story mixed-use building in the Bedford-Stuyvesant neighborhood of Brooklyn.
  • Property consists of 2 residential units and 1 commercial unit.
  • The furniture store has 4.5 years left on the lease.
  • Has rooftop access and balconies.
  • Tenants pay their own utilities.
  • Property is located near Nostrand Avenue [A,C] Train Station.
  • Price ~ $1,600,000
  • Cap Rate ~ 5.77%
  • GRM ~ 14.8

Details

  • Three story mixed-use building in the Bedford-Stuyvesant neighborhood of Brooklyn.
  • Property consists of 2 residential units and 1 commercial unit.
  • The furniture store has 4.5 years left on the lease.
  • Has rooftop access and balconies.
  • Tenants pay their own utilities.
  • Property is located near Nostrand Avenue [A,C] Train Station.
  • Price ~ $1,600,000
  • Cap Rate ~ 5.77%
  • GRM ~ 14.8

Additional Information

Asset Type

Mixed-Use

City

Brooklyn

Neighborhood

Bedford Stuyvesant

Broker

Yuriy Ustoyev

Price

$1,600,000

Map

 

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    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

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