Listing Provided by Daniel Gale Sotheby's International Realty
1088 Nostrand Avenue,
Brooklyn, NY 11225
$2,500,000
11
Beds
4
Baths
A stately four-family mixed-use building spans an impressive 5,514 square feet, delivered vacant and ideal for savvy investors, primary residents, or those looking to establish a business hub in a strategic location that offers a wealth of opportunities. 11 Bedroom, 4 Full Bath | 2 Retail, 1 Event Space with 2 Half Baths | Unfinished Basement Building Size: 26.67 X 86 | Square footage: 5,514 | Lot Size: 26.6 X100 | 950 FAR Delivered vacant! Comprised of four spacious residential units, ideal for rental income or converting into your modern residence. The property includes two retail spaces on the ground floor, perfect for shops, cafes, or offices. Additionally, an event space at the back of the property adds a versatile area for gatherings, workshops, or additional business ventures. Nestled in the bustling Prospect-Lefferts Gardens neighborhood, this property enjoys excellent foot traffic, a thriving community atmosphere, and proximity to local amenities, parks, and public transportation (B44 and B49 bus lines or the 2,3, Q and B, subway lines) making it an exceptional investment opportunity. Whether you're an investor looking to maximize rental income or/and a multi-faceted business hub, this property offers unparalleled potential. Embrace the opportunity to rejuvenate this historic building and create a landmark destination in one of Brooklyn's most dynamic neighborhoods. Don't miss out on this rare chance to invest in a property brimming with possibilities. Exclusive viewings are available by confirmed appointments only! Contact us today and explore the endless opportunities this gem has to offer!
Features of 1088 Nostrand Avenue
MLS# | RLS10974802 |
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Price | $2,500,000 |
Bedrooms | 11 |
Bathrooms | 4 |
Full Baths | 4 |
Year Built | 1931 |
Type | Residential |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 1088 Nostrand Avenue |
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Area | Brooklyn |
Subdivision | Prospect Lefferts |
City | New York City |
County | Kings |
State | NY |
Zip Code | 11225 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
---|---|
Has Basement | Yes |
Basement | Unfinished |
Exterior
Lot Description | 26.7 X100 |
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Additional Information
Date Listed | June 3rd, 2024 |
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Days on Market | 329 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees Freq. | Monthly |
Offer is made only to participants of the MLS where the listing is filed.