504 Nostrand Avenue

Description

Located in Bedford Stuyvesant, this Landmark building (since 1986), The Alhambra is the best example of Romanesque Revival and Queen Ann styles with 6 towers, loggias, gables, arcades and intricate terra-cotta details. This gem was designed by Montrose W. Morris and built by developer Louis F Seitz in (1889-1890). It was built to attract affluent tenants ...and it still does today. A short distance from Pratt Institute, Medgar Evers College, Saint Joseph College and Long Island University. THIS IS THE HOME OF THIS GREAT SMALL BUSINESS. This is a Cafe/coffee shop that received 280 google reviews in one year. Even though it is less than 600 ft, it offers seating for 18 people. It offers crafted coffee, tea, and food in a welcoming atmosphere, making it a great spot for studying or relaxing. It offers a variety of drinks, matcha and chai along with food like sandwiches, pastries and acai bowls. This is a money-making business grossing on the average $30-35K monthly. There are 2 employees that run the place 7 days a week from 7 AM to 4PM. Lease is $4500 with $100 every November. It can be extended till 2031. Water is $30 monthly and garbage $167. Electric depends on AC usage ..$200?? Cozy, calm and inviting ambiance with focus on community connection in a high traffic area. There is always room to alter the menu, offering more and other options and extend the time of operation. Great opportunity to own a business in a Landmark building with lots of traffic. Owner-operators or investors can continue the same business formula or change course and create a new image.