2925 Avenue J + 2374 Nostrand Avenue
Brooklyn, NY, 11210 $ 3,500,000
Bedrooms-- Baths-- Sq 4,860 Monthly Estimate*
$ 21,835
for $3,500,000. This 4,860 square foot building was built in 1930 on a lot size of 4.69697.
Calling All Investors, Developers & End-Users!!! 100% Occupied 7 Unit Mixed-Use Corner Building In Midwood For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 9’ Ceilings, R6/C2-2 Zoning, 3 Apartments, 4 Stores, Basement, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Midwood Just Blocks From Flatbush Avenue & Brooklyn College!!! Neighbors Include USPS, Honda, Bank Of America, Target, ShopRite, Staples, T.J. Maxx, Dunkin’, Dollar Tree, Pathmark, Aldi, +++!!! The Building Has 102’ Of Frontage On Nostrand Avenue + 22’ Of Frontage On Avenue J!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Chinese Restaurant (Corner Store + LL): $42,000 Ann.; M-M. Shoe Repair Shop: $23,400 Ann.; M-M. Coffee Shop: $24,000 Ann.; M-M. Beauty Salon: $54,000 Ann.; M-M. Apt 1A. (1 Br. Apt.): $23,400 Ann.; M-M. Apt. 2A (Studio): $13,800 Ann.; M-M. Apt. 3A (2 Br. Apt): $24,000 Ann.; M-M. Gross Income: $204,600 Ann. Expenses: Gas: $6,477 Ann. (Whole Building) Electric: $541 Ann. (Hallway & Basement Only) Maintenance & Repairs: $3,500 Ann. Insurance: $11,500 Ann. Water & Sewer: $5,157 Ann. Taxes: $20,243.32 Ann. Total Expenses: $47,418.32 Ann. Net Operating Income (NOI): $157,181.68 Ann.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Natural Gas Available
Zoning R6 C2-2
Construction Materials Brick Frame
Year Built 1930
Property Subtype Mixed Use
Tax Year 2025
Business Type Mixed
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Number Of Units Total 7
Property Attached Y/N Y
Tax Annual Amount 20243
Building Area Units Square Feet
Standard Status Active
Tax Lot 0001
Year Built Effective 1930
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ExteriorWater Source Public
Total Parking 6
Parking Spaces 6
Building Area Total 4860
Waterfront Y/N N
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InteriorTotal Stories 2
Basement (Y/N) N
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* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $21,835
- Monthly Property Taxes
- $1,687
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyCommerical listings in Brooklyn, NY
Average List Price $1,834,920
Percent of Sale Price 48%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2025 | $3,500,000 | | Listed Price |