Three Commercial Condo Units

For Sale

4050 Nostrand Ave, Brooklyn, NY 11235

This Brooklyn property for sale is located at 4050 Nostrand Ave. The general use of Three Commercial Condo Units is mixed use and it incorporates 19,719 square feet of class C mixed use space. The current listed sale price for Three Commercial Condo Units is $1,200,000. Three Commercial Condo Units is situated on a lot that is 14,893 square feet in size.

Contacts

broker
Joseph Giordano

Coldwell Banker Commercial Reliable Real Estate

Property Details

  • Property Type Mixed Use
  • Property Size 19,719 SF
  • Lot Size 14,893 SF
  • Cap Rate % 5.45
  • Taxes / YR $15,000.00
  • Zoning R4-1, R4B
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1994
  • Date Updated Oct 31, 2023
  • Construction Type Commercial

Introducing a rare opportunity in Sheepshead Bay, Brooklyn, NY– a trio of meticulously maintained commercial office condos on the ground floor, available as a package deal. These three units,in excellent condition, offer a seamless blend of modern amenities and versatile spaces tailored to various professional needs. These commercial office condos come fully equipped with essential features, including central heat and air conditioning, high-speed internet access, and a CCTV alarm system. This ensures a comfortable and secure working environment for businesses of all kinds. Each of the three units features its own individual secure keypad entrance, providing added convenienceand privacy. This layout allows for flexible use of the spaces and the option for separate businesses or offices to operate independently. Currently, all three units are leased, with leases set to expire in August 2024. This offers the option for immediate rental income for the savvy investor. Alternatively, for those looking to occupy the space themselves or customize the tenancy, there is the possibility of delivering the units vacant. The existing tenants, which include doctors' offices (1120 Sqft), a computer repair shop(1020 Sqft), and an accounting and billing company (503 Sqft), are open to staying, providing potential continuity for a new owner. This diversity in tenancy offers a wide range of possibilities for continued rental income or a readymadeclient base for a professional practice. For those seeking flexibility in financing, owner financing options are available, facilitating a smoother transaction process These three commercial office condos represent a unique opportunity to acquire a turnkey investment, professional space, or an end user opportunity in one of Brooklyn's most dynamic neighborhoods. Whether you're an investor looking for a steady income stream, a business owner seeking versatile office space, an entrepreneur looking to establish or expand your presence, or an end user seeking the ideal workspace, these units offer a wealth of possibilities in an exceptional location. Don't miss out on this chance to make your mark in Sheepshead Bay.

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Attachments

Getting around

  • 87/100

    Walk Score ®

  • 72/100

    Transit Score ®

  • 61/100

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Location

  • City Brooklyn, NY
  • Neighborhood Sheepshead Bay
  • Zip Code 11235
  • Market Brooklyn

Points of Interest

  • Seagull Transportation

    1.21 miles

  • Avenue U

    1.33 miles

  • Avenue X Car Service

    1.85 miles

  • A-Kings Highway Car Service

    1.95 miles

  • 86th Street

    2.12 miles

  • Bay Parkway & 66 Street

    2.97 miles

  • Avenue J

    3.00 miles

  • Avenue H

    3.29 miles

  • 20th Avenue

    3.29 miles

  • Flatbush Avenue–Brooklyn College

    3.30 miles

  • Citgo

    0.53 miles

  • BP

    0.57 miles

  • Gulf

    1.08 miles

  • Mobil

    1.09 miles

  • Shell

    1.13 miles

  • Allegiance

    1.33 miles

  • Sunoco

    1.36 miles

  • Tesla Destination Charger

    2.42 miles

  • EVgo

    2.43 miles

  • ChargePoint

    2.73 miles

  • Stop and Shop

    0.74 miles

  • Super Stop and Shop Parking

    0.77 miles

  • Petco Parking

    0.81 miles

  • Bank of America

    0.85 miles

  • Doody's Home Center

    0.86 miles

  • Roosevelt Savings Bank

    1.12 miles

  • Chase Bank Parking

    1.22 miles

  • Kings Plaza Car Lot

    1.96 miles

  • CVS

    2.22 miles

  • Fine Fare

    2.40 miles

  • Comfort Inn

    0.37 miles

  • Lighthouse Inn

    0.37 miles

  • Best Western

    2.25 miles

  • Sleep Inn

    2.31 miles

  • Home

    2.70 miles

  • Harbor Motor Inn

    3.12 miles

  • Ramada

    3.15 miles

  • Best Western Plus

    3.75 miles

  • Ruby & Emrys

    4.17 miles

  • Brooklyn Vybe Hotel, Ascend Hotel Collection

    4.34 miles

  • Macy's Backstage

    0.40 miles

  • ALDI

    0.43 miles

  • Cherry Hill Gourmet

    0.50 miles

  • NetCost Market

    0.54 miles

  • Sheepshead Bay Fruit and Vegetable

    0.72 miles

  • Stop & Shop

    0.74 miles

  • Marshalls

    0.85 miles

  • Kosher Palace

    1.07 miles

  • Tashkent Supermarket

    1.14 miles

  • Vostochny Bazaar

    1.14 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Joseph Giordano

Coldwell Banker Commercial Reliable Real Estate