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1826 Nostrand Ave 5,100 SF 100% Leased Retail Building Brooklyn, NY 11226 $2,528,839 CAD ($495.85 CAD/SF) 7.46% Cap Rate
Executive Summary
1826 Nostrand Avenue Is a 3 story mixed use building with a sneaker store paying $4,800 + 5% increases on the ground floor and a 1 bed behind that paying $2,000.
The second and third floor consists of two 2 bedrooms each floor adding an additional roughly $7,350 per month making the gross income $170,000.
Taxes: $20,000
Insurance: $5,000
Water and Heat: $7,000
NOI $138,000
Asking is $1.85M
The second and third floor consists of two 2 bedrooms each floor adding an additional roughly $7,350 per month making the gross income $170,000.
Taxes: $20,000
Insurance: $5,000
Water and Heat: $7,000
NOI $138,000
Asking is $1.85M
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,100 SF
Building Class
C
Year Built
1936
Price
$2,528,839 CAD
Price Per SF
$495.85 CAD
Cap Rate
7.46%
NOI
$188,638 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.34
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
R6 - Medium density residential district
Frontage
20’ on Nostrand Avenue
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04947-0057 | Total Assessment | $674,619 CAD (2026) |
| Land Assessment | $5,540 CAD (2026) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $669,079 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
04947-0057
Land Assessment
$5,540 CAD (2026)
Improvements Assessment
$669,079 CAD (2026)
Total Assessment
$674,619 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1826 Nostrand Ave
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