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2022 Nostrand Ave
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2022 Nostrand Ave
Flatbush Mixed-Use Building
$2,500,000
Sales price
$413/SF
Price per Ft
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.