1705 Nostrand Ave., Brooklyn, NY 11226

$1,280,000
Active for Sale
 
Listing ID 11601589
Property Type Commercial Building
Commercial Type Storefront Retail/Residential
County Kings
Township Kings
Neighborhood Little Haiti
FEMA Flood Map fema.gov/portal
Year Built 1930
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Prime Mixed-Use Investment Opportunity - Retail with Residential

Exceptional investment opportunity featuring two contiguous commercial properties being sold together in a desirable and high-traffic location. The primary mixed-use building offers approximately 3,786 square feet of interior space on a 1,553 sq ft lot (19.42 ft x 80 ft). The property includes a ground-floor commercial unit with stores or offices and multiple finished residential units above. Building dimensions are approximately 19.42 ft x 60 ft, providing efficient use of space and strong income potential. The second property is a single-story commercial building measuring approximately 20 ft x 20 ft, totaling about 400 sq ft. This flexible space is ideal for a small retail user, office, or storage. Both properties together provide approximately 1,565 sq ft of commercial area and about 2,600 sq ft of finished residential living space above grade. This package offers versatility for investors or owner-users. With established tenants in place, consistent income, and a favorable mixed-use configuration, it presents an attractive opportunity for long-term value and stable cash flow. The buildings are conveniently located near public transportation, shopping, restaurants, and neighborhood amenities, offering excellent exposure and accessibility. Whether you're expanding your portfolio or seeking a property with both commercial and residential components, this offering provides flexibility, location strength, and proven demand. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer, buyer's agent, and/or a qualified third party. Dimensions, square footage, building classifications, permitted uses, lease details, and income figures are approximate and subject to change without notice. The listing broker and seller make no warranties or representations as to the accuracy or completeness of the information contained herein. All prospective purchasers are encouraged to perform their own due diligence, inspections, and verification with appropriate professionals and local authorities.
Property Details
  • 4000 SF (AG)
  • 2000 SF Lot
  • Built in 1930
  • 3 Stories
  • Available 11/05/2025
  • Full Basement
  • 1200 Lower Level SF
  • Lower Level: Unfinished
  • Renovation: Roof was renovated 4 months ago.
Unit Information
Unit #1 – Bedrooms: 3, Full Baths: 1, Occupied, Unit Count: 2
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Hot Water
  • Oil Fuel
  • Natural Gas Avail
  • 220 Amps
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
Commercial Info
  • N/A (Business Name)
  • Uses: Ground-floor 2 store, with two residential units above.
  • 6.00% Cap. Rate
Income/Expenses
  • Gross Income $132,000
  • Net Income $99,114
  • Total Exp $32,886
  • Paid by Landlord: Electric, Heat, Gas, Water, HVAC, Insurance, Struct. Maint.
Listed By
GARCIA LOWENSKY W
Office: 917-586-7773
Mobile: 917-586-7773
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Listing data is deemed reliable but is NOT guaranteed accurate.
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