Brooklyn 4U
  • Home
  • Agents
  • Sales
  • Rentals
  • Open Houses
  • About
  • Contact
  1. Home
  2. 726 Nostrand Avenue
  • 726 Nostrand Avenue
  • $ 1,500,000
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216

726 Nostrand Avenue

Crown Heights   |   Prospect Pl & Park Pl

Building For Sale
$ 1,500,000
Ownership Mixed Use
Lot Size 22'x140'
Status Active
Real Estate Taxes [Per Annum] $ 25,331
Building Size 22'x117'
Year Built 1931
ASF/ASM 6,688/621
 

Photos

726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
726 Nostrand Avenue Crown Heights Brooklyn NY 11216

Property Description

This spacious mixed-use building located in the heart of North Crown Heights, Brooklyn. Built in 1931, the structure stands four stories tall, with three floors of residential apartments above a commercial space. The term "oversized" is fitting; the lot measures 3,045 sq ft (21.75’ by 140’), while the building itself spans 6,699 sq ft. Additionally, the R7 zoning allows for another 2,436 sq ft to be developed on the lot. The residential section of the building is rent-stabilized, but the value of a mixed-use property is often determined by the quality of its commercial space, and impressive retail area. The commercial space measures 21 feet in width and 117 feet in depth. Remarkably, despite its expansive size, the first floor has no interior supporting walls, and all partitions are movable. This creates a 2,457 sq ft open floor plan, a rare and highly attractive feature for any business. The rear of the building includes a one-story extension, and there is still a sizable outdoor lot area measuring 23’x21’. While many retail markets have struggled due to the rise of online shopping, there are two types of businesses that can’t be replaced by the internet: restaurants and hair salons. You can’t dine at home, and you can’t cut hair over a computer. The commercial space has been home to a hair salon for 29 years. Its vast size, lack of supporting columns, and single-story extension make it an ideal candidate for conversion into a restaurant or bar.
This spacious mixed-use building located in the heart of North Crown Heights, Brooklyn. Built in 1931, the structure stands four stories tall, with three floors of residential apartments above a commercial space. The term "oversized" is fitting; the lot measures 3,045 sq ft (21.75’ by 140’), while the building itself spans 6,699 sq ft. Additionally, the R7 zoning allows for another 2,436 sq ft to be developed on the lot. The residential section of the building is rent-stabilized, but the value of a mixed-use property is often determined by the quality of its commercial space, and impressive retail area. The commercial space measures 21 feet in width and 117 feet in depth. Remarkably, despite its expansive size, the first floor has no interior supporting walls, and all partitions are movable. This creates a 2,457 sq ft open floor plan, a rare and highly attractive feature for any business. The rear of the building includes a one-story extension, and there is still a sizable outdoor lot area measuring 23’x21’. While many retail markets have struggled due to the rise of online shopping, there are two types of businesses that can’t be replaced by the internet: restaurants and hair salons. You can’t dine at home, and you can’t cut hair over a computer. The commercial space has been home to a hair salon for 29 years. Its vast size, lack of supporting columns, and single-story extension make it an ideal candidate for conversion into a restaurant or bar.

Listing Courtesy of Momentum Real Estate LLC

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
726 Nostrand Avenue Crown Heights Brooklyn NY 11216
726 Nostrand Avenue Crown Heights Brooklyn NY 11216

Building Details [726 Nostrand Avenue]

Ownership Mixed Use
Block/Lot 1233/140
Building Size 22'x117'
Zoning R6A
Year Built 1931
Floors 3
Lot Size 22'x140'

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 489563