1632 Nostrand Ave

Brooklyn, NY 11226
  • $1,100,000

    Price
  • 6

    Bed
  • 0.05

    Acre

About the Listing KEWL01 - 216825

Excellent mixed-use opportunity for an investor looking to expand their portfolio or an end user ready to begin their real estate investment journey. The property features two spacious three-bedroom apartments plus a recently renovated ground-floor commercial space occupied by an established church tenant. The recently renovated basement serves as an extension of the commercial space, offering added flexibility and plenty of additional storage. One residential unit will be delivered vacant, with the possibility of additional vacancy. Based on current market rents, the property offers a potential gross rent roll of more than $115,000 annually. Conveniently located in lively Flatbush near multiple forms of public transportation, shopping and beloved neighborhood dining spots, including Sugar’D and the long-standing Sip N Chat. For additional information, please reach out.

Listing Highlights

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® 1035426
Year Built 1930
Lot/Acreage 0.05
School District Brooklyn 17
Elementary School Ps 399 Stanley Eugene Clarke
Middle School Ms 246 Walt Whitman
High School Midwood High School

Interior Details

  • Bedrooms: 6
  • Appliances:
  • Air Cond: Central Air,Wall/Window Unit(s)
  • Heating: Natural Gas,See Remarks
  • Fireplaces:
  • Floor:
  • Basement: Bilco Door(s),Finished,Full,See Remarks,Walk-Out Access
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: Actual
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $6,410
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05140-0017
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

1632 Nostrand Ave Brooklyn, NY 11226

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: onekey2

Agent profile image in chat bubble
Agent profile image in chat header

Rakesh (Ricky) Khanna

Licensed Real Estate Salesperson |

Agent profile image in message

or another way