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    2029 Nostrand Ave Brooklyn, NY 11210

    For Sale
    $850,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    3,300 SF
    Lot size:
    0.05 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 2029 Nostrand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    05005-0039
    Size
    3,300 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas, Oil
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1940
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    BESMATCH REAL ESTATE (718) 324-6060 [email protected]

    Listing agent Earl A. Pennant (718) 324-6060 License #10401220093

    Listing date Oct 31, 2025

    MLS# 916783 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Investment Opportunity

    This mixed-use property is a three-unit building situated on a busy section of Nostrand Avenue. The first floor is currently leased to an ophthalmologist practice with eyewear sales, generating a monthly income of $2,700. The third floor features a two-bedroom, one-bath apartment that is rented for $1,400 per month. The second floor, also a two-bedroom, one-bath unit, will be delivered vacant, presenting an opportunity for owner-occupancy or new rental income. The property offers excellent visibility and consistent traffic. It qualifies for an FHA 203K Rehabilitation Loan, which allows owner-occupants to finance both the purchase and renovations. This property is being sold with tenants in place and is a turnkey investment with future growth potential. The lot size is 0.0459 acres and the property size is 3,300 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amazon Hub Counter ... Mailing Service Elite Optics Optometrist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.947549
    Latitude
    40.634864

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    FAQs

    What type of property is this?
    Mixed-use property - Three-unit building with income and upside on Nostrand Avenue.
    Where is this mixed-use property located?
    The property is located at 2029 Nostrand Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Qualifies for FHA 203K Rehabilitation Loan, enabling financing of purchase and renovations.; - One unit delivered vacant, ideal for owner-occupancy or immediate rental income.; - Strong income potential with two units already generating rental income.
    (718) 324-6060
    Request Owner's contact information
    2029 Nostrand Ave Brooklyn, NY 11210
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    Brooklyn, NY 11210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2029 Nostrand Ave Brooklyn, NY 11210
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