Property profile

980 Nostrand Ave Brooklyn, NY 11225

OFF-MARKET
Retail properties & Spaces
Built 2011
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Property summary

AI-generated overview

This exceptional 2,000 square foot retail/office space is located at 980 Nostrand Avenue and offers a unique blend of modern amenities and prime street visibility. Built in 2011, this single-tenant property boasts a stunning, renovated interior featuring 15-foot ceilings and abundant natural light from two walls of windows. The space benefits from over 100 feet of frontage on both Nostrand Avenue and Sullivan Place, ensuring high foot traffic and excellent brand exposure. Recent upgrades include a new HVAC unit, modern LED lighting, and stylish new floor tiles. The layout includes two bathrooms, a small pantry, and a built-out 10' x 11' office, providing flexibility for various business needs. This seven-story building offers a contemporary aesthetic and is ideally situated for businesses seeking a vibrant and accessible location. The property's combination of size, location, and recent renovations makes it an attractive opportunity for a discerning tenant. This is a rare chance to secure a high-profile space in a thriving commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2011

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Referral Service

Location

980 Nostrand Ave Brooklyn, NY 11225
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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