Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2586 Nostrand Ave, Unit 2600 Brooklyn, NY 11210-4601
    Back to Search
    Property profile & analytics

    2586 Nostrand Ave, Unit 2600, Brooklyn, NY 11210-4601

    View on Map
    • Auto shops
    • 0.29 lot acres
    Off-Market
    Last Sale Dec 2, 2025
    $3,400,000
    Property ID
    US63-4586845
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,400,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 2586 Nostrand Ave

    Lot size
    0.29 lot acres
    Zone code
    R4
    Property type
    Auto shops
    APN
    07647-0054
    APU
    76470054

    Description

    This exceptional 12,600 square foot industrial yard, located at 2586 Nostrand Avenue in Brooklyn, New York, presents a unique investment opportunity. Zoned C2-2, this single-tenant property offers significant potential for various industrial uses. The expansive land area provides ample space for storage, operations, or other industrial activities. The property's address is 2586 Nostrand Avenue, Brooklyn, NY 11210, offering convenient access to major transportation routes and the vibrant Brooklyn business community. The parcel number is 7647-54. This is a land sale opportunity, with no existing buildings on the site. The property's central location on Nostrand Avenue ensures high visibility and accessibility. Given its size and zoning, this property is ideal for businesses seeking a substantial and strategically located industrial space in a thriving New York City borough. The property is suitable for a single tenant and offers a blank canvas for development or immediate use. This is a rare opportunity to acquire a significant industrial land parcel in a highly desirable Brooklyn location. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9462
    Latitude
    40.6213
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $73,770
    $986,850
    $0.00
    $986,850
    -
    $2,193,000
    $0.00
    $2,193,000

    Comparable in this City

    • Value Estimation
      $3,000,000
      0.05 Acres

      1870 Flatbush Ave

      AUTO REPAIR, GARAGE • 0.05 Acres
      1870 Flatbush Ave, Brooklyn, NY 11210-4801
      View Details
    • Value Estimation by Request
      7,800 SF

      4305 Ave H H, Unit 4313

      AUTO REPAIR, GARAGE • 7,800 SF
      4305 Ave H H, Brooklyn, NY 11210-3519
      View Details
    • Value Estimation by Request
      0.08 Acres

      1441 New York Ave

      AUTO REPAIR, GARAGE • 0.08 Acres
      1441 New York Ave, Brooklyn, NY 11210-1760
      View Details
    • Value Estimation by Request
      2,400 SF

      4321-4323 Glenwood Rd

      AUTO REPAIR, GARAGE • 2,400 SF
      4321-4323 Glenwood Rd, Brooklyn, NY 11210
      View Details
    • Value Estimation by Request
      300 SF

      1041 36th St

      AUTO REPAIR, GARAGE • 300 SF
      1041 36th St, Brooklyn, NY 11210-4232
      View Details
    • Value Estimation by Request
      0.04 Acres

      27th St

      AUTO REPAIR, GARAGE • 0.04 Acres
      27th St, Brooklyn, NY 11210
      View Details

    Similar Nearby for Sale

    • New
      $2,500,000
      3,000 SF

      Brooklyn Commercial Automotive Repair Facility

      Commercial property in Brooklyn, currently an automotive repair and service facility.
      4201 Glenwood Rd, Brooklyn, NY 11210
      View Details
    • $1,399,995
      Pending

      Flatbush Brooklyn Multi-Unit Property

      Income-producing multi-family property with parking in Flatbush, Brooklyn.
      515 E 26Th St, Brooklyn, NY 11210
      View Details
    • $59,000

      Established Nail Salon Business

      Nail salon business for sale in Flatbush area.
      1688 Flatbush Ave, Brooklyn, NY 11210
      View Details
    • Contact for pricing
      5,060 SF

      Renovated Retail Investment Opportunity

      Turn-key retail asset with long-term value-add potential.
      1389 Flatbush Ave, Brooklyn, NY 11210
      View Details
    • Contact for pricing
      2,280 SF

      Brooklyn Mixed-Use Building For Sale

      Turn-key investment property with retail and residential income.
      1397 Flatbush Ave, Brooklyn, NY 11210
      View Details

    Similar Nearby for Lease

    • $4,806 /Mo

      Brooklyn Commercial Unit For Rent

      Commercial unit near Brooklyn College, restaurants, and public transportation.
      145 Kenilworth Pl, Brooklyn, NY 11210
      View Details
    • Contact for pricing
      2,500 SF

      Brooklyn Retail Space Available

      2500 SF retail space for rent in Brooklyn.
      13 Hillel Pl, Brooklyn, NY 11210
      View Details
    • Contact for pricing
      1,600 SF

      Flatbush Avenue Retail Space Available

      Retail space available for rent on Flatbush Avenue.
      1560 Flatbush Avenue Ext, Brooklyn, NY 11210
      View Details
    • Contact for pricing
      26,130 SF

      Flatbush Avenue Retail Space

      Prime retail space available on Flatbush Avenue in Brooklyn.
      1640 Flatbush Avenue Ext, Brooklyn, NY 11210
      View Details
    • Contact for pricing
      1,800 SF

      Commercial Space Available For Rent

      Commercial space available, 1800-3600 SF, Brooklyn, NY.
      1384-1386 Flatbush Ave, Brooklyn, NY 11210
      View Details
    • Contact for pricing
      10,000 SF

      Brooklyn Retail Space Available

      Retail space available for rent in Brooklyn, New York.
      12 Hillel Pl, Brooklyn, NY 11210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2586 Nostrand Ave, Unit 2600
    Brooklyn, NY 11210-4601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2586 Nostrand Ave, Brooklyn, NY, 11210
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!