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    2835 Nostrand Ave Brooklyn, NY 11234

    Sponsored
    For Sale
    $2,375,000

    Brooklyn Retail Building, High Traffic Area

    Property size:
    3,284 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,284 square foot retail building, located at 2835 Nostrand Avenue in Brooklyn, New York, presents a remarkable investment opportunity. Priced at $2,375,000, this one-story property sits on a 6,518 square foot lot and boasts 8-10 foot ceilings, offering ample space for a variety of commercial uses. Currently operating as a restaurant, the versatile open layout allows for maximum flexibility to suit diverse business needs. The property's prime location in a bustling, high-traffic area ensures excellent visibility and accessibility for customers. Beyond the main floor, a sizable basement provides additional square footage, ideal for storage or expansion of the business. The generous lot size includes ample yard space, perfect for outdoor seating or other supplementary business activities. This turnkey property is an ideal choice for both investors seeking a strong return and entrepreneurs looking for an established location to launch or relocate their business. The property is situated in Kings County (Brooklyn), NY, zip code 11234. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Brooklyn neighborhood.

    Property Features for 2835 Nostrand Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,284 SF

    Building Details

    Units
    1

    HighLights

    • Exceptional 3,284 SF retail building in Brooklyn, NY, priced at $2,375,000.
    • One‑story building on a 6,518 SF lot with 8‑10' ceilings.
    • Currently operating as a restaurant with a versatile open layout.
    • Prime location in a high‑traffic area for excellent visibility and accessibility.
    • Large basement for storage or expansion.
    • Ample yard space for outdoor use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Original Brooklyn Bagel Bagel Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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 (Brooklyn)
    State
    New York
    Longitude
    -73.9444091
    Latitude
    40.6151748

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    FAQs

    What type of property is this?
    Restaurant - Brooklyn Retail Building, High Traffic Area
    Where is this restaurant located?
    The property is located at 2835 Nostrand Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,375,000.
    What are key features of this property?
    This property features: Exceptional 3,284 SF retail building in Brooklyn, NY, priced at $2,375,000.; One-story building on a 6,518 SF lot with 8-10' ceilings.; Currently operating as a restaurant with a versatile open layout.
    Request Owner's contact information
    2835 Nostrand Ave Brooklyn, NY 11234
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    Brooklyn, NY 11234
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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
    2835 Nostrand Ave Brooklyn, NY 11234
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