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2022 Nostrand Ave

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2022 Nostrand Ave
Flatbush Mixed-Use Building
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$2,500,000 Sales price
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$413/SF Price per Ft
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9.9% Cap Rate
  • Asset Scale & Composition: A four-story mixed-use walk-up configured with eight residential units and one street-level commercial storefront.
  • Strict Tax Exposure Limits: Protected Tax Class 2B designation limits assessed value increases to no more than 8% annually and 30% over five years, providing predictable operating expenses.
  • Vibrant Flatbush Location: Well-positioned within a high-traffic corridor proximate to Kings Theatre, Flatbush Caton Market, Paerdegat Park, and multiple subway lines.

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