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$1,990,000

Beds
6
Baths
5.0
sq ft
5,513

385 Nostrand Ave, Brooklyn, NY 11216

385 Nostrand Ave

New York City, NY 11216

  • 40 days on market
Unlock the potential of this mixed-use property, located in the heart of Bedford Stuyvesant. This building features a spacious commercial storefront on the ground level, perfect for retail or office use. The commercial space includes its own private backyard, a finished basement, and a dedicated bathroom, offering versatile options for tenants or business owners. Above the commercial unit are two full-floor 3-bedroom, 2-bathroom apartment units, each thoughtfully renovated with modern amenities. Both apartments boast stainless steel appliances, gas stoves, in-unit washer/dryers, walk-in closets, and energy-efficient Pella windows. Tenants will appreciate the shared roof terrace, providing additional outdoor space and stunning views. Located in a high-demand area, this property offers solid income potential and long-term value. Whether you're looking to expand your portfolio or secure a prime piece of Brooklyn real estate, this is an opportunity not to be missed. Located in the heart of Bedford-Stuyvesant, 385 Nostrand Avenue offers an ideal setting for both business owners and residents looking for a dynamic and culturally rich neighborhood. For Business Owners: Situated on a busy commercial corridor, 385 Nostrand Avenue benefits from significant foot traffic and visibility. The area is a growing hotspot for retail, restaurants, and small businesses, thanks to its proximity to popular local destinations like Peaches HotHouse, C’mon Everybody, and Do or Dive Bar, all of which attract a steady stream of locals and visitors. Being close to Franklin Avenue and Bedford-Nostrand Avenues subway station (G line), businesses here enjoy easy access to both local customers and those from neighboring areas like Clinton Hill and Crown Heights. The surrounding area is filled with thriving businesses and new developments, creating opportunities for entrepreneurs to tap into a diverse and ever-growing customer base. Nostrand Avenue's ongoing revitalization makes it an attractive option for any business looking to establish a presence in an up-and-coming neighborhood. For Residents: For residents, 385 Nostrand Avenue is in a prime location, combining the charm of Brooklyn's historic architecture with modern conveniences. Nearby parks such as Herbert Von King Park and John Hancock Playground offer green spaces for outdoor activities, while the surrounding streets are lined with cafés, restaurants, and grocery stores, catering to all lifestyle needs. The property’s proximity to public transportation, including the G train and several bus lines, ensures that residents can commute to Manhattan and other parts of Brooklyn with ease. Additionally, the mix of long standing institutions like Macosa Trattoria and newer trendy spots make the neighborhood a blend of tradition and modern living. With its vibrant community, excellent amenities, and convenient location, 385 Nostrand Avenue provides the perfect balance of work and life for business owners and residents alike.

Details

Property type

Mixed Use

Lot size

Unknown

Price per sq ft

$361

Year built

1910

Annual property taxes

$5,172

HOA

Yes

Price History

09/26/2024
REBNY

REBNY #COMP-1674152298639627961

Listed
$1,990,000

Schools & Community

Neighborhood: 

Bedford Stuyvesant

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/05/2024 at 5:45 AM

Listing updated: 10/31/2024 at 4:03 PM

Listed by: JOSHUA GOLAN, Compass Phone #: (212) 913-9058

MLS: REBNY #COMP-1674152298639627961

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