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.

Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com


Based on information submitted to the MLS GRID as of 2025-12-07 01:31 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.