Introducing 563 Nostrand Avenue, a mixed-use three story building nestled between Atlantic and Pacific Avenue in Crown Heights. This property has a 5.45% cap rate and features four residential apartments as well as a commercial space which is approximately 1,650 Sq Ft and comes with a full basement. All of the units are free market, occupied, and has major upside. The building is situated on a 19.33 Ft x 100 Ft lot, R6A C2-4 zoning (FAR 3.0), and there is over 2,000 Sq Ft of unused air rights. Incredible opportunity with excellent foot traffic along the busy dining and shopping district along Nostrand Avenue, with nearby transportation options around the corner such as the LIRR and the A/C trains.
Off market
$2,556,800
563 Nostrand Ave, Brooklyn, NY 11216
4beds
3,773sqft
Townhouse
Built in 1910
1,933 Square Feet Lot
$2,556,800 Zestimate®
$678/sqft
$6,886 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,773 sqft
Property
Lot
- Size: 1,933 sqft
Details
- Parcel number: 012010001
Construction
Type & style
- Home type: Townhouse
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Brooklyn