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Posted: Tuesday, April 11, 2017 4:29 PM


Richard Dipietro - (347) 809-5192

License# 10401232124

Retail Property For Sale

Flatbush Mixed-Use Property For Sale

1773 Nostrand Ave, Brooklyn, NY 11226

Price: $1,055,000
Building Size: 3,300 SF
Price/SF: $319.70
Property Type: Retail
Property Sub-type: Street Retail
Additional Sub-types: Day Care Facility/ Nursery
Property Use Type: Investment
Commission Split: 2.5%
Cap Rate: 5.30%
No. Stories: 3
Tenancy: Multiple
Year Built: 1933
Lot Size: 2,000 SF
APN / Parcel ID: 04947-0078
Last Verified: 2/21/2017
Listing ID: 20191491


  • Actual Financials: $66,480 Gross Revenue / $55,594 Net Income / 5.3% Cap Rate
  • 1,155 SF of ground floor retail leased for $2,700 monthly, expiring 2023
  • 2nd and 3rd floor residential units approximately 1,100 SF per unit
  • Up to 33% owner financing available
  • Walking distance to the B8 Bus and the 2 & 5 Trains.


Coldwell Banker Reliable Commercial Division is pleased to offer 1773 Nostrand Avenue for sale. A 3 unit Mixed-use building located in the Flatbush neighborhood of Brooklyn NY. The property features 1,155 SF of ground floor retail and 2,145 SF of residential on the 2nd and 3rd floors plus a full basement.

Located in Flatbush, Brooklyn, NY

Richard Dipietro - (347) 809-5192

License# 10401232124

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


1773 Nostrand Ave, 11226    google map | yahoo map

• Location: Brooklyn, Flatbush

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