Brooklyn, NY 11216,385 Nostrand Avenue
Brooklyn, NY 11216,385 Nostrand Avenue
Brooklyn, NY 11216,385 Nostrand Avenue
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Listing Courtesy of Compass
$1,990,000
Est. payment /mo
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6 BD
5 BA
5,513 SqFt
Active

385 Nostrand Avenue Brooklyn, NY 11216

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UPDATED:

10/31/2024 11:59 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,513 sqft

Price per Sqft $360

Subdivision Bedford-Stuyvesant

MLS Listing ID COMP-1674152298639627961

Bedrooms 6

Full Baths 4

Half Baths 1

HOA Y/N Yes

Year Built 1910

Annual Tax Amount $5,172

Property Description

Unlock the potential of this mixed-use property, located in the heart of Bedford Stuyvesant. This building features a spacious commercial storefront on the ground level, perfect for retail or office use. The commercial space includes its own private backyard, a finished basement, and a dedicated bathroom, offering versatile options for tenants or business owners.
Above the commercial unit are two full-floor 3-bedroom, 2-bathroom apartment units, each thoughtfully renovated with modern amenities. Both apartments boast stainless steel appliances, gas stoves, in-unit washer/dryers, walk-in closets, and energy-efficient Pella windows. Tenants will appreciate the shared roof terrace, providing additional outdoor space and stunning views.
Located in a high-demand area, this property offers solid income potential and long-term value. Whether you're looking to expand your portfolio or secure a prime piece of Brooklyn real estate, this is an opportunity not to be missed.
Located in the heart of Bedford-Stuyvesant, 385 Nostrand Avenue offers an ideal setting for both business owners and residents looking for a dynamic and culturally rich neighborhood.

For Business Owners:
Situated on a busy commercial corridor, 385 Nostrand Avenue benefits from significant foot traffic and visibility. The area is a growing hotspot for retail, restaurants, and small businesses, thanks to its proximity to popular local destinations like Peaches HotHouse, C’mon Everybody, and Do or Dive Bar, all of which attract a steady stream of locals and visitors. Being close to Franklin Avenue and Bedford-Nostrand Avenues subway station (G line), businesses here enjoy easy access to both local customers and those from neighboring areas like Clinton Hill and Crown Heights.

The surrounding area is filled with thriving businesses and new developments, creating opportunities for entrepreneurs to tap into a diverse and ever-growing customer base. Nostrand Avenue's ongoing revitalization makes it an attractive option for any business looking to establish a presence in an up-and-coming neighborhood.

For Residents:
For residents, 385 Nostrand Avenue is in a prime location, combining the charm of Brooklyn's historic architecture with modern conveniences. Nearby parks such as Herbert Von King Park and John Hancock Playground offer green spaces for outdoor activities, while the surrounding streets are lined with cafés, restaurants, and grocery stores, catering to all lifestyle needs.

The property’s proximity to public transportation, including the G train and several bus lines, ensures that residents can commute to Manhattan and other parts of Brooklyn with ease. Additionally, the mix of long standing institutions like Macosa Trattoria and newer trendy spots make the neighborhood a blend of tradition and modern living.

With its vibrant community, excellent amenities, and convenient location, 385 Nostrand Avenue provides the perfect balance of work and life for business owners and residents alike.

Location

State NY

County Kings

Rooms

Basement Full

Interior

Interior Features Breakfast Bar, High Ceilings, Recessed Lighting, Walk-In Closet(s)

Cooling Other

Furnishings Unfurnished

Fireplace No

Appliance Cooktop, Dryer, Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s), Washer

Laundry In Unit, See Remarks

Exterior

Exterior Feature Private Entrance, Private Yard

Private Pool No

Building

Dwelling Type Multi Family,Mixed Use

Story 3

New Construction No

Others

Ownership None

Monthly Total Fees $431

Pets Description Building No, Cats OK, Dogs OK


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+1(310) 625-6175

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385 Nostrand Avenue