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    255 Nostrand Ave Brooklyn, NY 11205

    Sponsored
    For Lease
    $50 SF/Yr

    Prime Restaurant Space, 2900 sq ft

    Lot size:
    2,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,900 square foot commercial property, located on Nostrand Avenue, is ideally suited for a restaurant. The space boasts impressive 20-foot ceilings, creating a dramatic and spacious atmosphere perfect for a high-end dining experience or a vibrant, open concept eatery. The single-tenant occupancy ensures complete control and customization of the layout and design. The building's unique architectural features, including an overpass, offer a distinctive visual appeal and potential for creative branding opportunities. The property is classified as Retail, Office, and Special Purpose, providing flexibility for various uses within the restaurant sector. Its strategic location on Nostrand Avenue presents excellent visibility and accessibility for customers. This is a rare opportunity to acquire a substantial and uniquely designed commercial space in a desirable location. The property's size and features make it an attractive investment for established restaurant businesses seeking expansion or new ventures looking to establish a strong presence in the area. The high ceilings provide ample space for creative design and efficient workflow. The single-tenant occupancy eliminates the complexities of multi-tenant management, simplifying operations and maximizing control. This property offers a unique blend of size, location, and architectural character, making it a truly exceptional opportunity.

    Property Features for 255 Nostrand Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,900 SF

    Unit(s) available at that property

    Space
    Size
    2,900 SF
    Rate per SF
    $50

    HighLights

    • Retail space, 2,900 square feet, single‑tenant occupancy.
    • Restaurant space available.
    • Features 20‑foot ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -73.951535629628
    Latitude
    40.690188720974

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space, 2900 sq ft
    Where is this restaurant located?
    The property is located at 255 Nostrand Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: Retail space, 2,900 square feet, single-tenant occupancy.; Restaurant space available.; Features 20-foot ceilings.
    Request Owner's contact information
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    Brooklyn, NY 11205
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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
    255 Nostrand Ave Brooklyn, NY 11205
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