Corner Mixed-Use Brick
1105 Nostrand Ave Brooklyn, NY 11225
For Sale
Contact for pricing
Two-family brick building with a ground-floor storefront and upstairs duplex, plus a finished basement and 3-car garage.
Property Size3,650 SF
Price / SF$766.85
Days on Market88
Property Features for 1105 Nostrand Ave
General Information
- Standard status
- Active
- Size
- 3,650 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1931
Listing Agency:
RESERVED REALTY LLC
(212) 785-1100
Listed By:
Anne Marie Stanislaus
Source:
Crexi
Added: Apr 28
Changed: Jul 23
Last Checked: Jul 23 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RESERVED REALTY LLC
Investment Insights
Based on property information with market context.
Located at the corner of Nostrand Ave and Maple St, this two-family brick property offers a combined commercial-and-residential layout with two distinct street profiles. The ground-floor storefront is currently vacant and includes wrap-around windows, a half-bath, and interior access to the basement and the residential units.
The upstairs portion is configured as a 3-bedroom duplex with formal dining, a large living room with hardwood floors, and a full eat-in kitchen. The primary suite includes a private jacuzzi, separate shower stall, double vanities, and expansive walk-in closets, and the corner positioning supports abundant natural light and cross-ventilation.
A finished basement includes a separate entrance from Maple St, a half-bath, and interior stairs that can support additional storage or extended use. Parking is provided via a 3-car garage. The property will be delivered 100% vacant, with no financials provided.
The upstairs portion is configured as a 3-bedroom duplex with formal dining, a large living room with hardwood floors, and a full eat-in kitchen. The primary suite includes a private jacuzzi, separate shower stall, double vanities, and expansive walk-in closets, and the corner positioning supports abundant natural light and cross-ventilation.
A finished basement includes a separate entrance from Maple St, a half-bath, and interior stairs that can support additional storage or extended use. Parking is provided via a 3-car garage. The property will be delivered 100% vacant, with no financials provided.
Key Highlights
- Two‑family brick property built in 1931 with a ground‑floor storefront and an upstairs 3‑bedroom duplex.
- Ground‑floor storefront (formerly an event space) is currently vacant and has massive wrap‑around windows, a half‑bath, and interior access to the basement and residential units.
- Upstairs duplex offers 3 bedrooms with a formal dining room, a large living room with hardwood floors, and a full eat‑in kitchen with a separate workstation area.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $283.8k | $77.76 |
| − Vacancy | −$33.8k | −$9.25 |
| EGI | $250.0k | $68.51 |
| − OpEx | −$75.0k | −$20.55 |
| NOI | $175.0k | $47.95 |
3,650 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.50M
$2.19M – $2.92M
NOI $175,034 @ 7.0% cap · market cap 6.25%
Second Best
Mixed Use
$1.89M
$1.66M – $2.21M
NOI $132,495 @ 7.0% cap · market cap 4.73%
Theoretical Best
Specialty Retail
$3.02M
$2.64M – $3.53M
NOI $211,554 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Figeroux Associates
Law Firm
Reliable Shipping Inc
Freight Service
Yana C. Event ...
Hotel & Motel
Law Office of Emmanuel ...
Law Firm
FAQs
What type of property is this?
Mixed-use property - Two-family brick building with a ground-floor storefront and upstairs duplex, plus a finished basement and 3-car garage.
Where is this mixed-use property located?
The property is located at 1105 Nostrand Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: Two‑family brick property built in 1931 with a ground‑floor storefront and an upstairs 3‑bedroom duplex.; Ground‑floor storefront (formerly an event space) is currently vacant and has massive wrap‑around windows, a half‑bath, and interior access to the basement and residential units.; Upstairs duplex offers 3 bedrooms with a formal dining room, a large living room with hardwood floors, and a full eat‑in kitchen with a separate workstation area.
