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

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$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
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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.
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
CENTURY 21 HOMEFRONT
Office: 718-252-6060
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