1632 Nostrand Avenue, Brooklyn, NY 11226
- $1,100,000
- List Price
- $1,100,000
- Status
- COMING SOON
- MLS#
- 1035426
- Year Built
- 1930
- Acres
- 0.05
Property Description
PICTURES COMING SOON! 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.
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Additional Information
- Taxes
- $6,410
- Lot Size
- 2,000
- Interior Features
- Other
- Heating
- Natural Gas, See Remarks, Other
- Cooling System Type
- Central Air, Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Bilco Door(s), Finished, Full, See Remarks, Walk-Out Access
- Elementary School
- Ps 399 Stanley Eugene Clarke
- Middle School
- Ms 246 Walt Whitman
- High School
- Midwood High School
Mortgage Calculator
Listing courtesy of Listing Agent: Carl Franklyn PSC (cfranklynhomes@kw.com) from Listing Office: Keller Williams Rlty Landmark.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.