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2925 Avenue J + 2374 Nostrand Avenue, Brooklyn, NY 11210

$3,500,000
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Active
BEDS0 BATHS MLS#918901
STATUSActive PROPERTY TYPECommercial - Multiple

Property Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 7 Unit Mixed-Use Corner Building In Midwood For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 9' Ceilings, R6/C2-2 Zoning, 3 Apartments, 4 Stores, Basement, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Midwood Just Blocks From Flatbush Avenue & Brooklyn College!!! Neighbors Include USPS, Honda, Bank Of America, Target, ShopRite, Staples, T.J. Maxx, Dunkin', Dollar Tree, Pathmark, Aldi, +++!!! The Building Has 102' Of Frontage On Nostrand Avenue + 22' Of Frontage On Avenue J!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Income:Chinese Restaurant (Corner Store + LL): $42,000 Ann.; M-M. Shoe Repair Shop: $23,400 Ann.; M-M.Coffee Shop: $24,000 Ann.; M-M. Beauty Salon: $54,000 Ann.; M-M. Apt 1A. (1 Br. Apt.): $23,400 Ann.; M-M. Apt. 2A (Studio): $13,800 Ann.; M-M. Apt. 3A (2 Br. Apt): $24,000 Ann.; M-M.Gross Income: $204,600 Ann. Expenses:Gas: $6,477 Ann. (Whole Building)Electric: $541 Ann. (Hallway & Basement Only) Maintenance & Repairs: $3,500 Ann. Insurance: $11,500 Ann. Water & Sewer: $5,157 Ann. Taxes: $20,243.32 Ann. Total Expenses: $47,418.32 Ann. Net Operating Income (NOI): $157,181.68 Ann.

2925 Avenue J + 2374 Nostrand Avenue | MLS# 918901

This commercial property located at 2925 Avenue J + 2374 Nostrand Avenue, Brooklyn, NY 11210 is currently listed for sale with an asking price of $3,500,000. Search Brooklyn real estate on www.joycerealty.com today.

Property Features

Property Type: Commercial - Multiple
Cooling: Central Air
Heating: Natural Gas
Lot Size: 4.70 Acres
Stories: 2.0
Taxes: $20,243
Year Built: 1930

Feature Descriptions

Building Area Total: 4860
Business Type: Mixed
Days on Site: 274
Exterior: Brick, Frame
On Market Date: 2025-09-30
Parking Total: 6
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 7
Utilities: Natural Gas Available
Water: Public

Listed By / Shown By

Listing By

Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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