Mixed-Use Walk-Up with
For Sale
Contact for pricing
573 Nostrand Avenue, Brooklyn, NY 11216
A 4-story walk-up with four ground-floor stores and six occupied apartments, all in good working order.
Property Size8,218 SF
Days on Market121
Property Features for 573 Nostrand Avenue
General Information
Standard status
Active
Size
8,218 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
6
Building Details
Stories
4
Tenancy
Multi
Listing Agency:
Ariel Property Advisors
Listed By:
Sean R. Kelly, Esq. · License #NY 10301203478
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 5:41AM
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 Ariel Property Advisors
Investment Insights
Based on property information with market context.
Located at the northeast corner of Nostrand Avenue and Pacific Street, this 4-story walk-up mixed-use property totals 8,218 square feet and includes four retail stores on the ground floor with six apartments above.
Two stores face heavily trafficked Nostrand Avenue and two face Pacific Street. The residential portion features six free-market units, with three apartments containing three bedrooms and three apartments containing two bedrooms. All apartments are occupied.
The building is described as being in good working order, with a gas heating system and upgraded electric service. The roof is noted as well maintained, and transportation access is supported by the A and C trains three blocks north on Fulton Street, along with a B44 bus stop directly across the street.
Two stores face heavily trafficked Nostrand Avenue and two face Pacific Street. The residential portion features six free-market units, with three apartments containing three bedrooms and three apartments containing two bedrooms. All apartments are occupied.
The building is described as being in good working order, with a gas heating system and upgraded electric service. The roof is noted as well maintained, and transportation access is supported by the A and C trains three blocks north on Fulton Street, along with a B44 bus stop directly across the street.
Key Highlights
- 4‑story walk‑up with 4 ground‑floor stores and 6 apartments above
- 8,218 SF property on the northeast corner of Nostrand Ave and Pacific St
- 6 free‑market apartments: three 3BR and three 2BR; all units are occupied
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,233
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - A 4-story walk-up with four ground-floor stores and six occupied apartments, all in good working order.
Where is this apartment building located?
The property is located at 573 Nostrand Avenue Brooklyn, NY.
What are key features of this property?
This property features: 4‑story walk‑up with 4 ground‑floor stores and 6 apartments above; 8,218 SF property on the northeast corner of Nostrand Ave and Pacific St; 6 free‑market apartments: three 3BR and three 2BR; all units are occupied
