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    632 Nostrand Ave Brooklyn, NY 11216

    Sponsored
    For Lease
    Contact for pricing

    Prime Brooklyn Retail Space - 500 sq ft

    Lot size:
    500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 500-square-foot retail storefront, located at 632 Nostrand Avenue in the vibrant Brooklyn neighborhood of Kings County, New York, presents a fantastic opportunity for a variety of businesses. The property is a single-tenant space, ideal for an owner-operator seeking a manageable and highly visible location. Its "Storefront" subtype suggests excellent street frontage and accessibility for customers. The address is situated within the 11216 zip code, offering convenient access to public transportation and a diverse customer base. The property's versatile nature makes it suitable for a range of uses, including but not limited to salons, juice bars, offices, and cafes. This is a single-tenant occupancy, providing a streamlined and efficient business environment. The property's location in Kings County, New York, offers access to a thriving community and strong potential for customer traffic. This retail space represents a compelling investment opportunity in a dynamic and desirable area of Brooklyn. The property's size and configuration are well-suited for a variety of businesses seeking a high-visibility location with excellent street access. Serious inquiries are encouraged to explore the potential of this exceptional retail space.

    Property Features for 632 Nostrand Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    500 SF

    Unit(s) available at that property

    Space
    Size
    500 SF

    HighLights

    • High‑traffic retail space available for lease.
    • Ideal for a variety of uses including salon, juice bar, office, or café.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gigi Glam Box Hair Salon Aarch Brows Beauty Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.94987144677
    Latitude
    40.676723936877

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    FAQs

    What type of property is this?
    Individual retail property - Prime Brooklyn Retail Space - 500 sq ft
    Where is this individual retail property located?
    The property is located at 632 Nostrand Ave Brooklyn, NY.
    What are key features of this property?
    This property features: High-traffic retail space available for lease.; Ideal for a variety of uses including salon, juice bar, office, or café.;
    Request Owner's contact information
    632 Nostrand Ave Brooklyn, NY 11216
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    Brooklyn, NY 11216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    632 Nostrand Ave Brooklyn, NY 11216
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