Printed from at 01:24 PM, Jun 16 2019

1864 Nostrand Avenue #H

$4,995,000 for sale
4,540 ft²$1,100 per ft²14 rooms6 beds5 baths
ResaleMulti-family in Flatbush
1864 Nostrand Avenue #H $4,995,000
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Listing by Realtynerd Inc, Corporate Broker, 7610 3rd Ave, Brooklyn NY 11209 3102.
Days On Market
32 Days
Last Price Change
No Recorded Changes
Estimated Payment
Monthly Taxes
Monthly Maintenance
Tax Abatement
No Data Available

About the Listing

Seller's Agent
Moe Sayed


I'm pleased to offer this 5 unit, mixed-use building with commercial space in the Flatbush section of Brooklyn. The property is located on Nostrand Avenue between Newkirk Ave and Avenue D, a major thoroughfare in the neighborhood with high pedestrian traffic and nearby subway access. The building includes 2 residential 3 bedroom units, 3 commercial spaces, 2 Month-to-month table vendors and is approximately 4,540 SF with 60’ of inline building frontage. It boasts updated electric, updated plumbing, with the apartments in move-in condition. Current leases are performing. The building is well maintained throughout.

The income Breakdown is as Follows:
- Store 1: $10k Month – $120k Year
- Store 2: $5k – $60k Year
- Store 3: $5.6k – $67k Year
- Vendor 1: $1k – $12k Year
- Vendor 2: $1k – $12k Year
- second floor office: $3,800 – $45.6k Year
- 3rd Floor 3 Bed: $3,000 – $36.6k Year

About the Building

1864 Nostrand Avenue  Brooklyn, NY 11226

Commercial Building in Flatbush

Units1 UnitFloors3 StoriesBuilt1933 Built

Sales listings: 1 active
Rentals listings: 1 previous
Documents and Permits: 8 documents

Price History

05/15/2019 Listed by Realty Nerd $4,995,000

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View subway lines on Google Maps
District 22 - Schools zoned for this address:
M.S. 246 Walt Whitman (06,07,08,SE)
P.S. 269 Nostrand (03,04,05,SE)
P.S. 361 East Flatbush Early Childhood School (PK,0K,01,02,SE)
Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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Listed By

Realtynerd Inc, Corporate Broker, 7610 3rd Ave, Brooklyn NY 11209 3102.
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