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279 Nostrand Avenue Brooklyn, NY $ 4,900,000
279 Nostrand Avenue
$ 4,900,000
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279 Nostrand Avenue

Brooklyn, NY, 11216
$ 4,900,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 34,228

Studio

Commercial Property for sale in Brooklyn, NY

for $4,900,000. This 2,000 square foot building was built in 1931 on a lot size of 0.05.

Presenting 279 Nostrand Ave, a unique mixed-use property located in the vibrant neighborhood of Bed-Stuy, Brooklyn. This property seamlessly combines commercial and residential spaces, offering a versatile and dynamic investment opportunity. The ground floor of this building is dedicated to commercial space, providing an excellent opportunity for entrepreneurs and business owners. With its prime location on Nostrand Ave, one of the bustling streets in Bed-Stuy, this property benefits from high visibility and foot traffic. The commercial space features large display windows, allowing for prominent signage and attracting customers passing by. Whether you have aspirations of opening a retail store, a restaurant, or an office, this versatile space can be tailored to suit your business needs. On the upper floors, you'll find residential units, providing comfortable and convenient living spaces. The apartments feature modern amenities and stylish finishes, ensuring a desirable living experience for tenants. Each unit is thoughtfully designed to maximize space and natural light, creating a welcoming and cozy atmosphere. Residents will appreciate the proximity to local amenities, including shops, cafes, parks, and public transportation options. Bed-Stuy is a vibrant and culturally rich neighborhood, known for its historic brownstone buildings, trendy restaurants, and lively community events. It offers a diverse range of entertainment options, from art galleries to music venues, making it an exciting place to live, work, and explore. With its mixed-use zoning, 279 Nostrand Ave presents a unique opportunity for investors seeking both commercial and residential properties. Whether you're looking to establish a business in a thriving neighborhood or to diversify your real estate portfolio, this property offers the best of both worlds. Don't miss out on this exceptional investment opportunity in Bed-Stuy, Brooklyn. Schedule a showing today to experience the potential and versatility that 279 Nostrand Ave has to offer.

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Commercial Active

Price

$ 4,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,057

Style

Lot Size

0.05

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

3480133

Features
General
Standard Status Active
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* Excluded Features
List By
Christopher Lee

Listing Agent

Moving Keyz Realty

Broker

chris@movingkeyzrealty.com

Email

Affordability Calculator

$34,983
Per Month
98%
2%
0%
Monthly Principal & Interest
$34,228
Monthly Property Taxes
$755
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2023$4,900,000 Listed Price

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279 Nostrand Avenue, Brooklyn, NY, 11216 is a Commercial Property for sale at $4,900,000 with 2,000 sqft and a lot size of 0.05. 279 Nostrand Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 11216 which is in Brooklyn, NY