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    450 Nostrand Ave Brooklyn, NY 11216

    For Lease
    $50 SF/Yr

    Prime Brooklyn Retail, 1200 SF, Backyard

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,200 square foot retail space, located at 450 Nostrand Avenue in Kings County, presents a unique opportunity for a discerning tenant. Previously occupied by a cafe, the property is offered in turnkey condition, meaning it's ready for immediate occupancy. The space boasts a versatile layout suitable for a variety of retail uses, making it an ideal location for a wide range of businesses. All qualified uses will be considered. A significant advantage is the inclusion of a large backyard area, offering potential for outdoor seating, storage, or other supplementary uses depending on the tenant's needs. The asking rent is $5,000 per month. This property is situated in a vibrant and accessible location within Kings County, offering excellent visibility and foot traffic. The turnkey condition minimizes upfront investment and allows for a rapid start to operations. The spacious layout and the added benefit of the backyard provide ample room for creativity and business expansion. This is a rare opportunity to secure a well-maintained, ready-to-use retail space in a desirable Brooklyn location. Don't miss out on this chance to establish your business in a thriving community. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 450 Nostrand Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Ground
    Size
    1,200 SF
    Rate per SF
    $50

    HighLights

    • Retail space available for lease at 450 Nostrand Ave, Kings County.
    • 1,200 square feet of retail space.
    • Features a large backyard.
    • Turnkey condition.
    • Asking rent: $5,000 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Erica's Home Apartment Building The REP Music Cafe Cafe PrintWithMe Print Kiosk ... Print Shop Sabine's Hallway Natural ... Hair Salon The Woven Wool Hair Salon

    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
    -73.9504448
    Latitude
    40.6835818

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    FAQs

    What type of property is this?
    Retail property - Prime Brooklyn Retail, 1200 SF, Backyard
    Where is this retail property located?
    The property is located at 450 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 available for lease at 450 Nostrand Ave, Kings County.; 1,200 square feet of retail space.; Features a large backyard.
    Request Owner's contact information
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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
    450 Nostrand Ave Brooklyn, NY 11216
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