2988 Nostrand Avenue Brooklyn, NY $ 1,588,000
2988 Nostrand Avenue
$ 1,588,000
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2988 Nostrand Avenue

Brooklyn, NY, 11229
$ 1,588,000
Bedrooms-- Baths-- Sq 5,100

Monthly Estimate*

$ 9,778

2988 Nostrand Avenue, Brooklyn, NY 11229 - Image 1
2988 Nostrand Avenue, Brooklyn, NY 11229 - Image 2

Commercial Property for sale in Brooklyn, NY

for $1,588,000. This 5,100 square foot building was built in 1925 on a lot size of 0.045914.

We are proud to offer a solid brick mixed-use building in a prime Brooklyn location this free-market income producing giant is an incredible opportunity for any investor or end user. 1 store and 5 residential units' possible full possession.

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Commercial Active

Price

$ 1,588,000

Property Type

Commercial

Taxes

$ 27,094

Style

Mixed Use

Lot Size

0.045914

Year Built

1925

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

492818

Features
Interior
Heating Fuel Gas
Flooring Ceramic Hardwood Tile
Hot Water Gas
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General
Roof Flat
Zoning R3-2
Electric 220 V
Stories Count 3
Property Type Mixed Use
Block 6792
Yearly Taxes 27094.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 237
MLS Area Madison
Sub Type Mixed Use
Year Built 1925
City Brooklyn
DOM 237
# Families 5
Public Remarks We are proud to offer a solid brick mixed-use building in a prime Brooklyn location this free-market income producing giant is an incredible opportunity for any investor or end user. 1 store and 5 re
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Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Real Estate Professiona

Broker

(718) 887-5708

Phone

Affordability Calculator

$12,035
Per Month
81%
19%
0%
Monthly Principal & Interest
$9,778
Monthly Property Taxes
$2,258
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$1,588,000 -3.70% Price Down
6/11/2025$1,649,000 -8.13% Price Down
5/20/2025$1,795,000 Listed Price

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2988 Nostrand Avenue, Brooklyn, NY, 11229 is a Commercial Property for sale at $1,588,000 with 5,100 sqft and a lot size of 0.045914. 2988 Nostrand Avenue was built in 1925. The property's zip code is 11229 which is in Brooklyn, NY