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Storefront Property with Basement
For Lease
$5,000/Mo

359 Nostrand Avenue, Brooklyn, NY 11216

Commercial Lease, Brooklyn, NY

Space SizeContact for details
Lot Size0.04 Acres
Days on Market50

Property Features for 359 Nostrand Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning R6A
Rooms Basement
Basement Full
Elementary school district Brooklyn 13
Middle school district Brooklyn 13
High school district Brooklyn 13
Standard status Active
APN 01813-0005
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2551

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Steam
Cooling system Electric
Water source Public

Amenities

wheelchair and disability access ramps
security system with cameras
reception area
private office
billboard signage

Building Details

Year built 1899
Building materials Brick
Listing Agency: Fave Realty Inc
Listed By: Rodmon Gayle
Added: Jul 16 Changed: Aug 20 Last Checked: Sep 3 at 12:06PM
MLS# 1027258

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick storefront property at 359 Nostrand Avenue includes a professional reception area, private office, front billboard signage, and a security camera system. Accessibility improvements include DDA-compliant wheelchair and disability access ramps. A 700-square-foot basement provides dedicated storage for inventory, supplies, or other business materials. The property was built in 1899 and includes electric cooling, electric heating, steam heating, public water, and public sewer.

Located in Brooklyn near the A, C, and G train lines, the space offers transit access for customers, employees, and visitors. The property is identified with R6A zoning and sits directly on Nostrand Avenue.

Key Highlights

  • 700 sq ft basement dedicated to storage
  • DDA‑compliant wheelchair and disability access ramps
  • Professional reception area and private office

Property Analytics

Current Use

PAYOMATIC Check Cashing Western Union Bank Taxx Enterprise Inc Tax Preparation

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Nursing Home Auto Parts Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,908
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$53.77 /SF/Yr
Avg Asking Price
$8.63–$120 /SF/Yr
Price Range
2,491 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Brick commercial space with office amenities, accessibility features, security cameras, and dedicated storage.
Where is this storefront property located?
The property is located at 359 Nostrand Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 700 sq ft basement dedicated to storage; DDA‑compliant wheelchair and disability access ramps; Professional reception area and private office
More about this property
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