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    856 Nostrand Ave Brooklyn, NY 11225

    For Lease
    Contact for pricing

    Brooklyn Retail Space: 490 SF Available

    Lot size:
    490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 490-square-foot retail space is ideally situated at 856 Nostrand Avenue in the vibrant Brooklyn, New York, neighborhood. Currently vacant, this property presents a unique opportunity for a variety of commercial ventures. The space is classified as a commercial retail property with multiple tenancy potential, making it suitable for a range of businesses. Its convenient location offers excellent visibility and accessibility, being just steps away from the 2 and 5 subway lines, ensuring high foot traffic and convenient public transportation access for customers and employees. The building's total square footage is 490 square feet, with the entire space currently available for lease. The property is located in Kings County, New York, with a zip code of 11225. The asking price is $52 per square foot. The previous tenant was a cell phone store, suggesting the space is well-suited for similar retail operations or businesses requiring high visibility and convenient access. This property offers a prime location for a business seeking to establish a strong presence in a bustling Brooklyn community. The space is ready for immediate occupancy, allowing for a quick start to operations. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

    Property Features for 856 Nostrand Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    490 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    490 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Perfect Lash & Skin ... Beauty 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
    -73.9509954
    Latitude
    40.6687133

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    FAQs

    What type of property is this?
    Retail property - Brooklyn Retail Space: 490 SF Available
    Where is this retail property located?
    The property is located at 856 Nostrand Ave Brooklyn, NY.
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    Brooklyn, NY 11225
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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
    856 Nostrand Ave Brooklyn, NY 11225
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