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450 Nostrand Ave

Bedford-Stuyvesant, Brooklyn, NY

About 450 Nostrand Ave

Located approximately 5 blocks away from Lexington Avenue, the commercial office building at 450 Nostrand Avenue in the Bedford-Stuyvesant district of New York City provides tenants looking to rent office space or retail opportunities in Brooklyn with generously proportioned units.

Office or mercantile space of ca. 1,000 sqft includes use of a full basement and back yard. With taxes set at just $3,000 per annum, 450 Nostrand Avenue, New York, offers small retailers or office start-ups a cost-effective solution. Nostrand Avenue serves as the main north-south thoroughfare and good shopping can be found also at Fulton Street.

This Brooklyn neighborhood dates back to the early 1930s, offering retail tenants access to a long-standing community of families. Bedford–Stuyvesant borders on Flushing Avenue and Williamsburg to the north, an area well stocked with excellent Asian eateries and shopping centers.

Built in 1900, this traditional New York low-rise retail space is part of a row of unassuming brownstones, and sits in a largely residential neighborhood where homes cost more than $1,000,000. New York commuters working at 450 Nostrand Avenue have access to public transport via IRT Flatbush Avenue Line (using #2 Seventh Avenue or #5 Lexington Avenue) trains at Winthrop Street station.

Internet Providers for 450 Nostrand Ave

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Optimum Cable
1 Gb/s
25 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s
Verizon New York DSL
6 Mb/s
1.5 Mb/s

The Neighborhood: Bedford-Stuyvesant

Most listings are in the $50's per square foot per year. The Bedford-Stuyvesant submarket is going through a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the New York City market, the Bedford-Stuyvesant submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Bedford-Stuyvesant $53
Median Rate Median Size
New York City $66

Median Rate over Time in Bedford-Stuyvesant