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    2988 Nostrand Ave Brooklyn, NY 11229

    For Sale
    $1,588,000

    Multi-Unit - Brooklyn, NY

    Property size:
    5,100 SF
    Days on Market:
    87
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 2988 Nostrand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    900
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    10
    Bathrooms
    5
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Refrigerator
    Size
    5,100 SF

    Utilities

    Heating system
    Natural Gas, Steam

    Building Details

    Year built
    1925
    Year renovated
    1925
    Floors in Building
    3
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Architectural style
    Other

    REMAX REAL ESTATE PROFESSIONALS (718) 887-5708

    Listing agent Vito Angelo (718) 887-5708

    Listing date Sep 12, 2025

    MLS# 11501928 Listing URL

    Copyright © 2025 My State 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 Building For Sale

    This is a solid brick mixed-use building located in Brooklyn. The property includes one store and five residential units. The building is 5,100 square feet and is situated on a lot with 0 acres. The zoning is 900. This free-market income-producing property is an opportunity for investors or end users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile dents repair Auto Body Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.944282
    Latitude
    40.61143

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in Brooklyn with one store and five residential units.
    Where is this mixed-use property located?
    The property is located at 2988 Nostrand Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,588,000.
    What are key features of this property?
    This property features: - Free-market, income-producing mixed-use building in a prime Brooklyn location.; - Solid brick construction.; - Includes 1 store and **5 residential units**.
    (718) 887-5708
    Request Owner's contact information
    2988 Nostrand Ave Brooklyn, NY 11229
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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
    2988 Nostrand Ave Brooklyn, NY 11229
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