1184 Nostrand Avenue

New York NY 11225

3364 sq. ft.

Condo

Currently for sale - view listing

Overview

1184 Nostrand is cash flowing, mixed use, corner property that is fully occupied. The current cap rate is 6.1% and it has real upside potential. The retail tenant is a strong operator with multiple location. It is located in Prospect Lefferts Gardens, which has seen strong value growth over the last few years. The residential tenant are long term and have a great payment history. This is a terrific opportunity for anyone in a 1031X who is looking to place money in a cash flowing asset, or diversify their equity into real estate. Please contact the listing agent for an Offering Memorandum.

Features

6 bedrooms

3 bathrooms

3364 sq. ft. floor area

Condo

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Local market activity for 6 bedroom condos in New York

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Ian Mednick

at Compass

View listing

Sales:: (619) 566-0008

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