Mixed-Use Property with Retail
For Sale
$1,235,000
1752 Nostrand Avenue, Brooklyn, NY 11226
Brick building combines two residential apartments with a vacant ground-floor commercial space along Nostrand Avenue.
Property Size3,300 SF
Price / SF$374.24
Days on Market218
Property Features for 1752 Nostrand Avenue
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Mixed Use
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Listing Agency:
Kaloshi Real Estate Inc
Listed By:
Javed Iqbal · License #JI2929
(718) 287-5200
Source:
Prideestates
Added: Mar 17
Changed: Oct 12
Last Checked: Oct 19 at 6:34AM
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 Kaloshi Real Estate Inc
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Investment Insights
Based on property information with market context.
Built in 1910, this brick mixed-use property includes two three-bedroom residential apartments and a ground-floor commercial unit. The commercial space is vacant, providing flexibility for an owner-user or a future commercial tenant. Interior features include carpeting, ceramic, hardwood, and linoleum finishes, along with a full bathroom, poured concrete elements, and 200 Amp electrical service.
The property is located at 1752 Nostrand Avenue in Brooklyn, on a commercial corridor surrounded by national and local retailers and a dense residential population. Public transportation access is available along the corridor, supporting both residential and commercial occupancy. The exterior features a brick face.
The property is located at 1752 Nostrand Avenue in Brooklyn, on a commercial corridor surrounded by national and local retailers and a dense residential population. Public transportation access is available along the corridor, supporting both residential and commercial occupancy. The exterior features a brick face.
Key Highlights
- Two three‑bedroom residential apartments
- Vacant ground‑floor commercial unit
- 3,300 PropertySize
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,363
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,260
$1.5M
Cap Rate 7%
$1,105,186
$1.1M
Cap Rate 9%
$859,589
$859.6K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$146.5K $44.40/SF
− Vacancy
−$5.9K −$1.78/SF
EGI
$140.7K $42.62/SF
− OpEx
−$63.3K −$19.18/SF
NOI
$77.4K $23.44/SF
Area
ZIP 11226
Vacancy
4.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,260
Cap Rate 7%
$1,105,186
Cap Rate 9%
$859,589
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$967.0K – $1.29M
NOI $77,363 @ 7.0% cap · market cap 6.26%
Second Best
Mixed Use
$1.05M
$915.8K – $1.22M
NOI $73,260 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,175 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick building combines two residential apartments with a vacant ground-floor commercial space along Nostrand Avenue.
Where is this mixed-use property located?
The property is located at 1752 Nostrand Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: Two three‑bedroom residential apartments; Vacant ground‑floor commercial unit; 3,300 PropertySize
