Nest Seekers

1637 Nostrand Ave, Brooklyn East Flatbush 6 family walk up, built 1931.

1637 Nostrand Avenue
Brooklyn, NY 11226

Listing

Web ID:5752363
Website:https://www.nestseekers.com/5752363
Cross street:Tilden Avenue
Building:1637 Nostrand Avenue Brooklyn
Type:House
Era:Post-war
Floors:3

Property

Ownership: Multi-Family
Rooms: 30
Bedrooms: Studio

Financials

Price:$945,000

Description

1637 Nostrand Ave, Brooklyn (East Flatbush) — 6-family walk-up, built 1931. 5,400 SF, six 2BR/1BA units. Rent-stabilized. $111,516 gross annual rent. Underwritten NOI $63,176 (6.7% cap at asking price). $158,167 per door. All-cash / low-leverage hold play. Steady, predictable income — 10-year horizon.
  • Floorplan Floorplan
  • Floorplan Floorplan

Location

1637 Nostrand Avenue Brooklyn NY 11226 USA

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of Compass
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