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1541 Nostrand Avenue
Brooklyn, NY 11226

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Property Details


List Price: $1,800,000
Beds: --
Baths: --
Status: Active
SqFt: 3300
Agency: Top Nest Inc

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Description/Comments


Lot Size: --
Property Type: Other
Year Built: 1931
Notes: On the border of Prospect Lefferts Garden/Flatbush, one of Brooklyn's hottest neighborhoods, sits a 3-story 2-family plus store, attached, brick, mixed-use building. Great location for any business. Two six room apartments above the store, each feature three bedrooms, living room, dining room, kitchen and three-quarter bath. The building has been fully renovated in 2023 and both apartments are rented out at market price. The 3rd floor is rented for $3600 and the second floor is rented for $3800. Each apartment has a washer/dyer and each room has split unit AC. Commercial space is currently being rented for $5000. <br /> Current gross rent roll $148,800 - Expenses are $14,075 Cap rate of 7.4%<br /> <br /> Lot: 20 ft x 80 ft. Building: 20 ft x 50 ft. Approx. Building Sq Ft: 3,300. Est. Annual Taxes: $5843.10. The commercial space will be delivered vacant. Street level store on commercial avenue with excellent exposure. Unfinished basement. Zoning: R6 Approx. Year Built: 1931. Stories: 3.
MlsNumber: 483655


Listing Provided By: Top Nest Inc, original listing
Name: Top Nest Inc
Phone: (646) 828-6378
Office Name: Top Nest Inc
Office Phone: (646) 828-6378
Agent Name: Jerry Tenenbaum
Disclaimer: Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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