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

$2,980,000 List Price

Off Market

Listing ID	11035063



Property Type	Commercial Building



County	Kings



Township	Kings

Neighborhood	Midwood



Total Tax	$24,600



FEMA Flood Map	fema.gov/portal



Year Built	1930

Virtual Tour

AKA 2374 Nostrand Avenue. Prime Midwood location for this income producing mixed use property 4 commercial storefronts, 3 residential apartments above. Over $185,000 RENT ROLL. R6 Zoning/ C2-2. Possible development of over 4,800 sqft and FAR 4.8 for commercial facility. Near Brooklyn College, and Flatbush Junction. Great investment opportunity.

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Property Details

3740 SF
2000 SF Lot
Built in 1930
2 Stories
Full Basement

Unit Information

Unit #1 – Rent Price: 1550, Bedrooms: 1, Full Baths: 1, Occupied

Unit #2 – Rent Price: 1100, Full Baths: 1, Occupied

Unit #3 – Rent Price: 1800, Bedrooms: 1, Full Baths: 1

Rent Price: 3000

Unit #5 – Rent Price: 2000, Occupied

Unit #6 – Rent Price: 2500, Occupied

Unit #7 – Rent Price: 3500, Occupied

Interior Features

Hardwood Flooring
Steam Radiators
Gas Fuel

Exterior Features

Brick Siding
Near Bus
Near Train

Commercial Info

4% Cap. Rate

Income/Expenses

Gross Income $185,500
Insurance Exp $6,790
Electric Exp $1,308
Water Exp $1,526
Total Exp $40,883

Taxes and Fees

$24,600 Total Tax
Tax Year 2020

Previously Listed By

Delton Cheng

CENTURY 21 HOMEFRONT

Office: 718-252-6060

Listing data is deemed reliable but is NOT guaranteed accurate.

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