Property profile

409-417 Nostrand Ave Brooklyn, NY 11216

OFF-MARKET
Retail properties & Spaces
1,100 SF Built 1900
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1900
Total area 1,100 SF

Cap rate & NOI

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

Location

409-417 Nostrand Ave Brooklyn, NY 11216
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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