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    3901 Nostrand Ave Brooklyn, NY 11235

    For Sale
    $319,900

    Brooklyn Office: 900 SF, $319,900

    Property size:
    900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 900-square-foot commercial office space, located at 3901 Nostrand Avenue in Brooklyn, New York (zip code 11235), is offered for sale at $319,900. Situated on the ground floor of a multi-story cooperative building, this property boasts a versatile layout ideal for various professional businesses, particularly medical practices. The unit features two entrances – one from the street and another from the building lobby – ensuring convenient access. Wheelchair accessibility is provided, including a patient bathroom with a large, accommodating door. The space includes three private offices, a waiting room, a reception area, a dedicated computer area, and ample built-in furniture such as filing cabinets, desks, shelves, and cabinets. The high ceilings range from 11 to 15 feet, creating a spacious feel. The unit is equipped with central air conditioning (with an outdoor unit) and radiator heat. Abundant natural light streams in through numerous large windows. Two bathrooms are included: one for medical professionals and one for patients. The monthly maintenance fee of $1,039 covers heat, taxes, and water. Electricity is a separate expense. The lot size is 900 square feet. This turnkey office space presents a unique opportunity for immediate occupancy and operation.

    Property Features for 3901 Nostrand Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    900 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Svetlana Pyatigorskaya NP ... Medical Office Reiser Richard L ... Urologist Jeffrey Dacher DPM Podiatrist Brooklyn Dental Smiles Dentist NL Dream Interiors Interior Designer

    Suggested Use

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

    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
    -73.9394839
    Latitude
    40.5894727

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    FAQs

    What type of property is this?
    Office Property / Space - Brooklyn Office: 900 SF, $319,900
    Where is this office property / space located?
    The property is located at 3901 Nostrand Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $319,900.
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    3901 Nostrand Ave Brooklyn, NY 11235
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    Brooklyn, NY 11235
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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
    3901 Nostrand Ave Brooklyn, NY 11235
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