1864 Nostrand Ave. #H

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