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INVESTMENT HIGHLIGHTS
- Excellent Opportunity for End User or Investment
- Single-Story Tax-Payer with Excellent Visibility
- 2 Vacancies and 1 Tenant with a Short-Term Lease
- Corner Retail Building
- 3 Retail Stores with Basements and Loading in the Rear Yard
- Immediate Occupancy, Value-Add Repositioning
EXECUTIVE SUMMARY
3696 Nostrand Avenue in Brooklyn, NY 11235 presents a rare opportunity for both owner-users and investors to acquire a highly visible corner retail property in an established commercial corridor. This single-story taxpayer building enjoys strong street presence and excellent exposure, making it ideal for businesses seeking maximum visibility and accessibility. Its corner positioning further enhances signage and branding potential, attracting steady foot and vehicle traffic in a dense, well-traveled neighborhood.
The property consists of three individual retail stores, each with its own basement and convenient rear yard loading access, offering flexibility for a variety of commercial uses. With two units delivered vacant and one occupied on a short-term lease, the asset allows for immediate occupancy and strategic value-add repositioning, whether through redevelopment, re-tenanting, or long-term hold. This is a compelling chance to secure a prime corner retail building with strong upside potential in one of Brooklyn’s active commercial districts.
The property consists of three individual retail stores, each with its own basement and convenient rear yard loading access, offering flexibility for a variety of commercial uses. With two units delivered vacant and one occupied on a short-term lease, the asset allows for immediate occupancy and strategic value-add repositioning, whether through redevelopment, re-tenanting, or long-term hold. This is a compelling chance to secure a prime corner retail building with strong upside potential in one of Brooklyn’s active commercial districts.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,939 SF
Building Class
C
Year Built
1959
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.27 AC
Zoning
R4, C2-2 - allows for a mix of one- and two-family homes, including detached, semi-detached, and sometimes attached (rowhouse) dwellings
Frontage
42’ on Nostrand Ave
AMENITIES
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former T Mobile retail space now available for rent.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,500 SF | Retail | - | Now |
1st Floor
| Size |
| 2,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Former T Mobile retail space now available for rent.
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07422-1006 | Improvements Assessment | $945,450 |
| Land Assessment | $186,750 | Total Assessment | $1,132,200 |
PROPERTY TAXES
Parcel Number
07422-1006
Land Assessment
$186,750
Improvements Assessment
$945,450
Total Assessment
$1,132,200
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3696 Nostrand Ave
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