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    507-552 Nostrand Ave Brooklyn, NY 11216

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    For Lease
    Contact for pricing

    Highly visible retail space in a dense residential area.

    Property size:
    2,100 SF
    Lot size:
    0.12 Acres

    Property Features for 507-552 Nostrand Ave

    General Information

    Size
    2,100 SF
    Lot size
    0.12 Acres

    Source: Kassin Sabbagh Realty (KSR) Agent Jack Khaski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space on Nostrand

    This retail space is located on Nostrand Avenue and offers highly visible frontage. The property benefits from its location steps away from the Nostrand Avenue subway station. The area features excellent national co-tenancy along Nostrand Avenue, with high foot and vehicle traffic. The surrounding area is a dense residential neighborhood. The property offers a phenomenal opportunity.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -73.949327
    Latitude
    40.679125

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail space in a dense residential area.
    Where is this retail space located?
    The property is located at 507-552 Nostrand Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - Prime location on Nostrand Avenue with highly visible frontage.; - Steps away from Nostrand Avenue subway station.; - High foot and vehicle traffic.
    (917) 355-0559
    Request Owner's contact information
    507-552 Nostrand Ave Brooklyn, NY 11216
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    Brooklyn, NY 11216
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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
    507-552 Nostrand Ave Brooklyn, NY 11216
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