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.
Location
Contact
Listing Courtesy of Compass