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Welcome to 1623 Nostrand Ave, Brooklyn an exceptional mixed-use property offering lucrative rental income opportunities! Situated in a prime R6 zoning area, this property boasts versatility and potential. With convenient access to various forms of transportation, including buses and trains, commuting is a breeze. Surrounding the area are vibrant shops and a diverse array of dining options, ensuring convenience and enjoyment for residents and visitors alike. Don't miss out on the chance to invest in this dynamic location seize the opportunity at 1623 Nostrand Ave today!"
This 4-story mix-use commercial building (5 commercial stores and 15 apartments, 19104 SQ total) is located in excellent blocks of Sunset Park's core commercial area. The total income for the 15 apartments is about $24000/month, and the total income for 5 stores is more than $2,1000-2,6000/month. It has superior features: lot size 60x100, building size 60x90, Great condition in every store. Four-story brick building with 3 parking spaces on the back, c1-3/R6 with huge rebuild potentials, close to D TRAIN 9th Ave station, close to Maimonides Medical Center and Sunset Park, multiple banks, supermarkets, and schools, newly upgrades on apartments and roofs.
DEVELOPMENT SITE This site boasts exceptional potential, situated at the crossroads of Crown Heights, Ft. Greene, and Prospect Heights. The building lot spans 70 feet by 130 feet, with a slight irregularity in shape. Recent adjustments in zoning regulations now afford adept developers the opportunity to construct approximately 50,000 square feet of luxurious residential real estate. Presently, the site accommodates a well-established one-story funeral home with ample parking space. The location is bordered by Atlantic Ave, Franklin Ave, Classon Ave, and Dean St. Conveniently, it's positioned just three blocks away from the Franklin Ave C train, a mere five blocks from the Franklin Ave shuttle, and a short seven blocks from The Barclay Center. Significant developments in the vicinity include the Washington Tower, Prospect Place Condos, and 904 Street Condominiums. Notably, an approved development site at 953 Dean St is set for a substantial mixed-use development, totaling an announced 164,763 square feet. It's crucial to verify all square foot measurements independently for accuracy.
Century 21 Marciano
546 North Avenue
New Rochelle, NY 10801
Phone: 914-235-4996
Email: [email protected]
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