722 Nostrand Ave Brooklyn, NY 11216
Property profile & analytics
722 Nostrand Ave Brooklyn, NY 11216
- Investment properties
- 4,081 SF
- 0.05 lot acres
Property ID
US63-5768231
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.
Location Intelligence
Current Use by Public Records
- Super Power / Bar & Pub
- Design Data Strong T-Mobile / Telecommunications Service / Data Center
Property Details for 722 Nostrand Ave
- Year built
- 1912
- Lot size
- 0.05 lot acres
- Property size
- 4,081 SF
- Zone code
- R6A
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 01233-0047
- APU
- 12330047
Description
This exceptional 1,381 square foot retail space, located at 722 Nostrand Avenue in Kings County, presents a unique investment opportunity. Situated between Park Place and Prospect Place, this single-tenant property boasts a desirable 20-foot frontage on Nostrand Avenue, ensuring high visibility and significant branding potential. The building is zoned R6A, C2-4, allowing for a variety of uses. Currently built out as a bar, the space includes a sizable basement and a rear yard, offering ample storage and potential for expansion. Its prime location in a high foot traffic area, coupled with its proximity to public transportation, guarantees a steady stream of potential customers. The property's versatile layout and existing bar build-out make it ideal for a variety of retail or restaurant concepts. This is a rare opportunity to acquire a well-positioned commercial property in a thriving neighborhood. The substantial square footage, combined with the added benefits of basement and rear yard space, provides significant operational flexibility. Don't miss this chance to secure a prominent location in a bustling commercial corridor. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,810,000 Current use
- OFFICE BUILDING
- $2,245,000 Change: +24% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,045,000 Change: +13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9504
- Latitude
- 40.674
- 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
$7,197
$126,900
$285,300
$412,200
-
$282,000
$634,000
$916,000
