Two-Story Mixed-Use
For Sale
Contact for pricing
Pending
873-875 Nostrand Avenue, Brooklyn, NY 11225
Vacant commercial and residential configuration with R6 and C1-3 zoning in Brooklyn.
Property SizeContact for details
Days on Market150
Property Features for 873-875 Nostrand Avenue
General Information
Standard status
Pending
Property subtype
Retail, Multifamily
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Matthew Peters · License #NY 10401271961
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 6 at 11:42PM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This two-story masonry mixed-use property combines two commercial units with two residential units across adjacent buildings. The first floor measures approximately 36.84 feet by 70 feet, while the second floor measures approximately 36.84 feet by 50 feet. The buildings occupy a 36.84-foot by 100-foot lot, and delivery at closing will be vacant.
The property is positioned on Nostrand Avenue between Crown Street and Carroll Street in Brooklyn’s Crown Heights section. Transit access includes the 3 and 4 trains at Eastern Parkway and the 2 and 5 trains along Nostrand Avenue. Zoning is R6 with a C1-3 commercial overlay.
Development capacity includes 6,556 additional buildable square feet as-of-right under a 3.0 FAR, with approximately 11,052 buildable square feet identified for ground-up construction. The 80-foot-wide street supports the stated FAR designation.
The property is positioned on Nostrand Avenue between Crown Street and Carroll Street in Brooklyn’s Crown Heights section. Transit access includes the 3 and 4 trains at Eastern Parkway and the 2 and 5 trains along Nostrand Avenue. Zoning is R6 with a C1-3 commercial overlay.
Development capacity includes 6,556 additional buildable square feet as-of-right under a 3.0 FAR, with approximately 11,052 buildable square feet identified for ground-up construction. The 80-foot-wide street supports the stated FAR designation.
Key Highlights
- Two adjacent buildings with 2 commercial and 2 residential units
- 36.84‑foot by 100‑foot lot with masonry construction
- 6,556 additional buildable square feet as‑of‑right
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,335
Businesses Nearby
Explore this area
Business Placement
Demographics for 11225, NY
58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant commercial and residential configuration with R6 and C1-3 zoning in Brooklyn.
Where is this mixed-use property located?
The property is located at 873-875 Nostrand Avenue Brooklyn, NY.
What are key features of this property?
This property features: Two adjacent buildings with 2 commercial and 2 residential units; 36.84‑foot by 100‑foot lot with masonry construction; 6,556 additional buildable square feet as‑of‑right
