1637 Nostrand Ave, Brooklyn, NY 11226
- $949,000
- 12
- BD
- 6
- BA
- 5,400
- SqFt
- List Price
- $949,000
- Price Change
- ▲ $4,000 1790127244
- Bedrooms
- 12
- Bathrooms
- 6
- Status
- ACTIVE
- Furnished
- Unfurnished
- Neighborhood
- Flatbush
- Region
- Brooklyn
- MLS#
- RLS20115609
Property 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.
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Additional Information
- Pets Allowed
- No, No
- Furnished
- Unfurnished
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Listing courtesy of Compass.
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