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276 Nostrand Ave Brooklyn, NY 11205-4927
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Property profile & analytics

276 Nostrand Ave Brooklyn, NY 11205-4927


  • Retail residential properties
  • 37,309 SF
  • 0.27 lot acres
Off-Market
Property ID
US63-6033695
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
$15,740,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Classic Trim Barber / Barber Shop
  • Heritage Tonsorial | Barber and Shave Parlor / Barber Shop
  • Lotus Threading Salon & Spa / Spa & Massage Center / Skin Care Clinic
  • Lofts and Flats LLC / Real Estate Agency

Property Details for 276 Nostrand Ave

Year built
1970
Lot size
0.27 lot acres
Property size
37,309 SF
Zone code
R6A
Property type
Retail residential properties
APN
01783-0047
APU
17830047

Description

This exceptional 750-square-foot retail space is ideally situated at 276 Nostrand Avenue in the vibrant Brooklyn, New York, neighborhood, zip code 11205. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire 750 square feet is currently vacant and ready for immediate occupancy, presenting a unique opportunity for a business seeking a move-in ready location. The property's location offers excellent visibility and accessibility, making it an attractive proposition for businesses looking to establish a strong presence in a bustling area of Brooklyn. This is a fantastic opportunity for a business to secure a prime retail location in a high-traffic area. The property is classified as commercial retail and is available for lease. The address is 276 Nostrand Avenue, Brooklyn, NY 11205, with GPS coordinates of 40.6903892 latitude and -73.9518246 longitude. The property's single-tenant occupancy ensures a streamlined and efficient leasing process. This space is perfect for a business seeking a well-located, readily available, and sizable retail footprint in a thriving Brooklyn community. Don't miss this chance to secure a prime retail location in a dynamic and growing market.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $22,570,000
    6.5%
    $20,835,000
    7%
    $19,345,000
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $25,340,000
    Current use
    INDUSTRIAL (GENERAL)
    $21,175,000
    Change: -16% Conversion: Moderate
    OFFICE BUILDING
    $20,540,000
    Change: -19% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.952
Latitude
40.6903
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
$61,187
$164,700
$3,510,000
$3,674,700
-
$366,000
$7,800,000
$8,166,000
More about this property
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