#RLS11027358, Jason Abrishami, Listing Office: Douglas Elliman Real Estate

385 Nostrand Ave Unit Mx New York City, NY 11216
Property details
About 385 Nostrand Ave Unit Mx
Property will be delivered vacant or with a storefront tenant paying $7,000/mo. Unlock the potential of this mixed-use property, located in the heart of Bedford Stuyvesant. This building features a spacious commercial storefront on the ground level, perfect for retail or office use. The commercial space includes its own private backyard, a finished basement, and a dedicated bathroom, offering versatile options for tenants or business owners. Above the commercial unit are two full-floor 3-bedroom, 2-bathroom apartment units, each thoughtfully renovated with modern amenities. Both apartments boast stainless steel appliances, gas stoves, in-unit washer/dryers, walk-in closets, and energy-efficient Pella windows. Tenants will appreciate the shared roof terrace, providing additional outdoor space and stunning views. Located in a high-demand area, this property offers solid income potential and long-term value. Whether you're looking to expand your portfolio or secure a prime piece of Brooklyn real estate, this is an opportunity not to be missed. Located in the heart of Bedford-Stuyvesant, 385 Nostrand Avenue offers an ideal setting for both business owners and residents looking for a dynamic and culturally rich neighborhood. For Business Owners: Situated on a busy commercial corridor, 385 Nostrand Avenue benefits from significant foot traffic and visibility. The area is a growing hotspot for retail, restaurants, and small businesses, thanks to its proximity to popular local destinations like Peaches HotHouse, C’mon Everybody, and Do or Dive Bar, all of which attract a steady stream of locals and visitors. Being close to Franklin Avenue and Bedford-Nostrand Avenues subway station (G line), businesses here enjoy easy access to both local customers and those from neighboring areas like Clinton Hill and Crown Heights. The surrounding area is filled with thriving businesses and new developments, creating opportunities for entrepreneurs to tap into a diverse and ever-growing customer base. Nostrand Avenue's ongoing revitalization makes it an attractive option for any business looking to establish a presence in an up-and-coming neighborhood. For Residents: For residents, 385 Nostrand Avenue is in a prime location, combining the charm of Brooklyn's historic architecture with modern conveniences. Nearby parks such as Herbert Von King Park and John Hancock Playground offer green spaces for outdoor activities, while the surrounding streets are lined with cafés, restaurants, and grocery stores, catering to all lifestyle needs. The property’s proximity to public transportation, including the G train and several bus lines, ensures that residents can commute to Manhattan and other parts of Brooklyn with ease. Additionally, the mix of long standing institutions like Macosa Trattoria and newer trendy spots make the neighborhood a blend of tradition and modern living. With its vibrant community, excellent amenities, and convenient location, 385 Nostrand Avenue provides the perfect balance of work and life for business owners and residents alike.
Highlights
Summary
- MLS Number: RLS20002944
- MLS Name: RLS
- Office Name: Compass
- Office Phone: (212) 913-9058
- Office Email: daniel.marrello@compass.com
- Listing Agent: Kyle Evan Lewis
- Agent Phone: (407) 701-1522
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Last updated on: 3/12/2025, 8:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,925,000
385 Nostrand Ave Unit Mx
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
4
P.S. 3 The Bedford VillageSchool
Public District KG-5
0.3 mi
•50 Jefferson Ave
3
P.S. 256 Benjamin Banneker School
Public District KG-6
0.4 mi
•114 Kosciuszko St
4
P.S. 93 William H. Prescott School
Public District KG-6
0.4 mi
•31 New York Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,385. The most common annual income of people living in New York City, NY is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 385 Nostrand Ave Unit Mx in New York City, NY and zip code 11216 in the Bedford neighborhood. This 5,513 square foot home was built in 1910. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $1,925,000.
Over 189 listings were sold over their listed price in February 2025 in New York City, NY. In the same period over 627 listings were sold below the listed price and 682 listings were sold for the listed price. The inventory of homes for sale in New York City, NY between January and February 2025 decreased by 3.1%. In February 2025, listings were on the market for 130 days. During the same period, the median list price in this real estate market was $867,439.