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    2137-2153 Nostrand Ave Brooklyn, NY 11210

    Sponsored
    For Lease
    $120 SF/Yr

    Prime Brooklyn location, flexible suites available.

    Lot size:
    7,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7,700 square foot commercial property, located at 2137-2153 Nostrand Avenue in Brooklyn, NY 11210, presents a unique investment opportunity. Situated in the vibrant Flatbush Junction submarket, this single-story, Class C building boasts a prime location near Brooklyn College, the Flatbush Avenue subway station, and numerous bus lines, ensuring excellent accessibility. Built in 1932 and extensively renovated in 2024, the property offers a blend of historical charm and modern functionality. Currently, there are 5,900 square feet of vacant space available, divisible into units ranging from a minimum of 1,100 square feet to a maximum contiguous space of 6,600 square feet. The property is zoned for commercial use and sits on a 0.83-acre lot. While the building currently has no designated parking spaces, its strategic location offers easy access to public transportation. The high foot traffic and visibility in this bustling area, surrounded by a diverse mix of retail, restaurants, and residential buildings, make this an ideal location for businesses seeking high exposure and a strong customer base. This multi-tenant property offers a variety of options for businesses seeking a presence in one of Brooklyn's most dynamic commercial areas. The property's recent renovation ensures modern amenities and a well-maintained space, ready for immediate occupancy. This is an excellent opportunity to establish or expand your business in a thriving Brooklyn neighborhood.

    Property Features for 2137-2153 Nostrand Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,700 SF
    Class
    C
    Total Rate
    77000

    Building Details

    Year Built/Renovated
    1932/2024
    Stories
    1

    Unit(s) available at that property

    Space
    Space 2137
    Size
    2,500 SF
    Rate per SF
    $125
    Space
    Space 2139
    Size
    1,200 SF
    Rate per SF
    $120
    Space
    Space 2143
    Size
    1,800 SF
    Rate per SF
    $120
    Space
    Space 2141
    Size
    1,100 SF
    Rate per SF
    $120

    HighLights

    • 7,700 SF multi‑tenant medical office building in Flatbush Junction, Brooklyn.
    • 1,100 SF - 6,600 SF available for lease.
    • 5,900 SF vacant space.
    • 0.83‑acre lot.
    • Class C building, built in 1932, renovated in 2024.
    • One‑story building with no on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -73.9473919
    Latitude
    40.633192

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    FAQs

    What type of property is this?
    Restaurant - Prime Brooklyn location, flexible suites available.
    Where is this restaurant located?
    The property is located at 2137-2153 Nostrand Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $120-$125 SF/Yr.
    What are key features of this property?
    This property features: 7,700 SF multi-tenant medical office building in Flatbush Junction, Brooklyn.; 1,100 SF - 6,600 SF available for lease.; 5,900 SF vacant space.
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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
    2137-2153 Nostrand Ave Brooklyn, NY 11210
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