276 Nostrand Ave Brooklyn, NY 11205-4927
- Retail residential properties
- 37,309 SF
- 0.27 lot acres
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
-
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
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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