1826 Nostrand Avenue

East Flatbush, Brooklyn

Size: 5,100 SF building
Asking price: $1,850,000
Type: Mixed-use

About this space

3-story mixed-use building: a sneaker store paying $4,800/month (5% increases) and a 1-bedroom on the ground floor, and two 2-bedroom apartments on each of the 2nd and 3rd floors. Per the listing: gross income about $170,000, NOI $138,000, 7.46% cap rate.

Retail + 5 apartments
NOI $138,000 (per listing)
7.46% cap rate
Opportunity Zone

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