This Multifamily Property is no longer advertised on LoopNet.com.

325 Nostrand Ave
Brooklyn, NY 11216
Free Market | Mixed-Use Package · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Two adjacent, four-story mixed use buildings
  • Tax Class 2A: Buildings are protected from significant tax increases
  • Well maintained with hardwood floors and improved bathrooms / kitchens
  • Each building is 19.5' x 54' with ground floor retail and four residential units
  • 100% Free Market status, with upside in expiring leases
  • Surrounded by prime retailers & restaurants

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.04 AC
Building Size 8,424 SF
Average Occupancy 100%
No. Stories 4
Year Built 1931
Parking Ratio 0.5/1,000 SF
Zoning R6A - R6 - Medium density residential district

Amenities

Unit Amenities

  • Air Conditioning
  • Heating

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+1 6 - -
2+1 2 - -

Property Taxes

Property Taxes

Parcel Number
01803-0004
Land Assessment
$20,250
Improvements Assessment
$435,600
Total Assessment
$455,850
  • Listing ID: 31268391

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 325 Nostrand Ave, Brooklyn, NY 11216

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