MLS#1035426
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBrooklyn 22
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bilco Door(s), Finished, Full, See Remarks, Walk-Out Access
Cooling: Central Air, Wall/Window Unit(s)
Heating: Natural Gas, See Remarks, Other
Lot Size: 0.05 Acres
Taxes: $6,410
Year Built: 1930
Amenities
Other
Feature Descriptions
Building Area Total: 3520
Days on Site: 13
Exterior: Brownstone
Heating Units: 3
On Market Date: 2026-09-21
Parcel Number: 05140-0017
Parking Features: On Street
Parking Total: 0
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Skylight: Y
Units: 2
Utilities: Cable Available, Electricity Available, Natural Gas Available, See Remarks
Water: Public
Window Features: Skylight(s)
Local Schools
High School: Midwood High School
Middle School: Ms 246 Walt Whitman
Elementary School: Ps 399 Stanley Eugene Clarke
School District: Brooklyn 22
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Estimated Payment
$ 3,303.12 per month $2,448.12 Principal & Interest $534.17 Property Tax $320.83 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Keller Williams Rlty Landmark
Agency Contact: 718-475-2700
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
1632 Nostrand Avenue | MLS# 1035426
This multi-family property located at 1632 Nostrand Avenue, Brooklyn, NY 11226 is currently listed for sale with an asking price of $1,100,000. Nostrand Avenue is located within the Brooklyn 22 school district. Search Brooklyn real estate on www.laffey.com today.