Corner Mixed-Use Building with
For Sale
Contact for pricing
2925 Avenue J + 2374 Nostrand Avenue, Brooklyn, NY 11210
Seven-unit corner building combines four retail storefronts and three apartments with strong frontage and parking.
Property SizeContact for details
Days on Market73
Property Features for 2925 Avenue J + 2374 Nostrand Avenue
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Commercial
Zoning
R6 C2-2
Occupancy
100%
Warehouse & Industrial
Clear Height
9 ft
Heavy Power
Yes
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$20,243
Building Details
Year Built
1930
Stories
2
Tenancy
Multi
Listing Agency:
All Island Estates Realty Corp
Listed By:
Richard Matt Shane (matthewshane8828@gmail.com)
Source:
Ridgevalleyre
Added: Jun 11
Changed: Aug 17
Last Checked: Aug 22 at 7:30AM
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 All Island Estates Realty Corp
Investment Insights
Based on property information with market context.
This 100% occupied, seven-unit corner mixed-use building offers four retail storefronts and three residential apartments. The property includes a basement and high 9’ ceilings, with all new LED lighting reported throughout. Building systems include 200-amp power and CAC. The configuration is designed for both retail and residential occupancy, supported by 6 parking spaces and signage/exposure as described in the offering.
The building sits on a corner with 102’ of frontage on Nostrand Avenue and 22’ of frontage on Avenue J. Zoning is listed as R6/C2-2. The seller notes the site is in the heart of Midwood, just blocks from Flatbush Avenue and Brooklyn College, with multiple established retailers and service tenants in the immediate area.
For investors and developers, the mix of 4 storefronts and 3 apartments provides diversified operating income within one structure, backed by the stated current occupancy. For end-users, the building can support a retail-focused operation on the storefront level while maintaining residential rent streams upstairs. Reported annual gross income is $204,600, with stated annual expenses of $47,418.32 and NOI of $157,181.68, subject to ongoing operational performance and lease terms.
The building sits on a corner with 102’ of frontage on Nostrand Avenue and 22’ of frontage on Avenue J. Zoning is listed as R6/C2-2. The seller notes the site is in the heart of Midwood, just blocks from Flatbush Avenue and Brooklyn College, with multiple established retailers and service tenants in the immediate area.
For investors and developers, the mix of 4 storefronts and 3 apartments provides diversified operating income within one structure, backed by the stated current occupancy. For end-users, the building can support a retail-focused operation on the storefront level while maintaining residential rent streams upstairs. Reported annual gross income is $204,600, with stated annual expenses of $47,418.32 and NOI of $157,181.68, subject to ongoing operational performance and lease terms.
Key Highlights
- 1930 year‑built 7‑unit mixed‑use corner building with 3 apartments and 4 retail stores, plus basement
- 100% occupied with annual gross income of $204,600 from multiple tenants including a Chinese restaurant, shoe repair, coffee shop, and beauty salon
- 102' frontage on Nostrand Avenue and 22' frontage on Avenue J
Property Analytics
Property Profile
Current Use
Lease Details
9 ft
Clear height
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
3,091
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Groceries 41%
Plaza Toyota Service & Parts
Shops & Services
7,969 visits/mo
0.4 miles
Met Food
Groceries
5,529 visits/mo
0.3 miles
Demographics for 11210, NY
62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Seven-unit corner building combines four retail storefronts and three apartments with strong frontage and parking.
Where is this mixed-use property located?
The property is located at 2925 Avenue J + 2374 Nostrand Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 1930 year‑built 7‑unit mixed‑use corner building with 3 apartments and 4 retail stores, plus basement; 100% occupied with annual gross income of $204,600 from multiple tenants including a Chinese restaurant, shoe repair, coffee shop, and beauty salon; 102' frontage on Nostrand Avenue and 22' frontage on Avenue J
