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    409-417 Nostrand Ave Brooklyn, NY 11216

    For Lease
    Contact for pricing

    1,100 SF Retail Space Available

    Lot size:
    1,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,100 square foot retail space is located at 409-417 Nostrand Avenue in the vibrant Bed-Stuy neighborhood of Brooklyn, New York (zip code 11216). Built in 1900, this corner building boasts a prime location with tremendous foot traffic, making it ideal for a variety of businesses. The space is currently entirely vacant and offers flexibility for various uses. The entire 1,100 square feet is available, but the space is also divisible, with a minimum leasable area of 500 square feet and a maximum contiguous space of 600 square feet. This presents an excellent opportunity for both larger and smaller businesses seeking a high-visibility location in a thriving community. The property is situated in Kings County and offers endless possibilities for entrepreneurs looking to establish a presence in this bustling area. Its corner location ensures maximum exposure to potential customers. The property's versatility makes it suitable for a wide range of retail concepts, including bars, takeout restaurants, grab-and-go establishments, coffee shops, wine bars, and more. This is a rare opportunity to secure a prominent retail space in a highly desirable Brooklyn neighborhood. Contact us today to learn more about this exciting opportunity.

    Property Features for 409-417 Nostrand Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,100 SF

    Building Details

    Year Built
    1900

    Unit(s) available at that property

    Space
    Available space
    Size
    500 SF

    HighLights

    • High foot traffic location.
    • Abundant natural light.
    • Historic district charm.
    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
    -73.9501135
    Latitude
    40.6836485

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    FAQs

    What type of property is this?
    Retail property - 1,100 SF Retail Space Available
    Where is this retail property located?
    The property is located at 409-417 Nostrand Ave Brooklyn, NY.
    What are key features of this property?
    This property features: High foot traffic location.; Abundant natural light.; Historic district charm.
    Request Owner's contact information
    409-417 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
    409-417 Nostrand Ave Brooklyn, NY 11216
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