Property profile

3442 Nostrand Ave Brooklyn, NY 11229

FOR SALE
Drive through restaurants
Property ID
US63-2826310
1,779 SF 0.15 ac lot Built 2009
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2009
Total area 1,779 SF
Lot 0.15 ac (6,421 SF)
Zoning code R4
APN 07362-0010
UPID US63-2826310

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
  • Cafe & Coffee Shop

Location

3442 Nostrand Ave Brooklyn, NY 11229
Brooklyn metro Census 57000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$507k
Blend (final) Blend
$520k

Owner & transaction history

since 2008
7 recorded transactions
2020
Price N/A
2014
Price N/A
2009
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R4 · Brooklyn, NY
Top alternative use upside
Retail stores $405,000 +24.8%
Auto repair, garage $325,000 +0.8%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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