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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

638 Nostrand Ave Brooklyn, NY 11216

Property ID
Property summary
AI-generated overview

This exceptional 700-square-foot retail storefront, located at 638 Nostrand Avenue in Brooklyn, New York (zip code 11216), presents a fantastic opportunity for a discerning business owner. Situated in Kings County within the NYC Outer Boroughs submarket, this single-tenant space boasts a highly visible street-facing location, ideal for attracting customers. The property is classified as a retail storefront and is currently configured as a second-generation restaurant, offering significant flexibility for various uses. The space's 700 square feet provide ample room for a diverse range of businesses. Its location in the vibrant Brooklyn community ensures high foot traffic and easy accessibility. The property is ready for immediate occupancy, allowing for a swift and seamless transition for new tenants. This is an excellent opportunity to establish or expand a business in a thriving and dynamic neighborhood. The property's address is precisely 638 Nostrand Avenue, Brooklyn, NY 11216, within the NYC Outer Boroughs submarket cluster of Brooklyn. This location offers significant potential for growth and success. All uses are considered.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Punchline juice bar Specialty Food Shop (Bike/Boat/Book/etc) Store
  • O’tacos Brooklyn Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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