$1,925,000

385 Nostrand Ave Unit Mx New York City, NY 11216

$10,000
Closing credit¹
6 beds
4 full, 1 partial
5,513 sqft
$349 / sqft
Multi-Family

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

Home typeMulti Family
StatusActive
CoolingOther
Size5,513 sqft
BasementYes
Year built1910
MLS #RLS20002944

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

IDX ©2025 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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.

Get an agent. Get a mortgage. Save big.¹

plan

$1,925,000

385 Nostrand Ave Unit Mx

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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.

All data from GreatSchools

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.

How much money do the neighbors make?

43%
<35k
54%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
23%
Single, with Kids
6%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
8%
12-17 yrs old
39%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • IKEAIKEA

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • QuiznosQuiznos

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • LexusLexus

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

More resources