1481 Nostrand Avenue, Brooklyn, NY 11226

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$1,495,000 List Price
Off Market
 
Listing ID 11199096
Property Type Commercial Building
County Kings
Township Flatbush
Total Tax $6,416
Tax ID 4884-60
FEMA Flood Map fema.gov/portal
Year Built 1931
Virtual Tour

MIXED-USE 2 OVER 1 WITH VACANT RETAIL

Perfect for an investor looking for income or for an end-user looking to open their store/office on the very busy corner of Nostrand/Church Avenue in Flatbush and offset costs with upstairs income! MASSIVE, 1800 SF (20' x 90') commercial space that was previously a daycare and can be delivered vacant (or occupied if purchaser wishes). There are 2 apts upstairs (2bd/1ba each) occupied by good, paying tenants whose income will contribute to owner's expenses. Tax-class protected 2A with very low annual taxes of $6400/year!!! DISCLOSURE: OWNER IS ALSO BROKER
Property Details
  • 4 Full Baths
  • 2800 SF
  • 2000 SF Lot
  • Built in 1931
  • 2 Stories
  • Available 8/14/2023
  • Full Basement
  • Lower Level: Partly Finished
  • Renovation: Front apartment was renovated in 2018. Back apartment was renovated in the last 10 years.
Unit Information
Unit #1 – Day Care Facility/Nursery, Gross Area: 1400, Net Leasable Area: 1400
Unit #2 – Residential Income, Gross Area: 1400, Bedrooms: 4, Full Baths: 2, Occupied
Interior Features
  • Carpet Flooring
  • Hardwood Flooring
  • Vinyl Plank Flooring
  • Steam Radiators
  • Gas Fuel
  • Natural Gas Avail
  • Wall/Window A/C
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
Community Details
  • Low-rise (Bldg. Style)
Commercial Info
  • Vacant (Business Name)
Income/Expenses
  • Paid by Landlord: Water, Insurance, Struct. Maint.
Taxes and Fees
  • $6,416 Total Tax
  • Tax Year 2023
Previously Listed By
DNY REAL ESTATE
Office: 212-457-9796
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