100% Free Market | Tax Protected | Mixed-Use Package

325 & 327 Nostrand Avenue, Brooklyn, NY

$4,700,000

Price

6.19%

Cap Rate

$291,150

Combined NOI

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Street
Map
Overview
Cap Rate
6.19%
Combined NOI
$291,150
Combined Building Size
8,424 sqft
Combined Units
10
Price Per Sqft
$558
Price Per Unit
$470,000
Floors
4
Highlights
  • Two adjacent, four-story mixed use buildings
  • Each building is 19.5' x 54' with ground floor retail and four residential units
  • Tax Class 2A: Buildings are protected from significant tax increases
  • 100% Free Market status, with upside in expiring leases
  • Well maintained with hardwood floors and improved bathrooms/kitchens
  • Surrounded by prime retailers & restaurants
  • Three blocks to the G train, Bedford Avenue Station
Documents
Title
Offering Memorandum
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Location
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