About This Home

This 6-bedroom, 0-bathroom multi-family at 1632 Nostrand Avenue in Brooklyn, NY is listed for $1,100,000. Built in 1930, on a 0.05 acres lot.

Key Features

  • Built in 1930
  • 0.05 acre lot

Property Details

1930

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

1632 Nostrand Avenue

Brooklyn, NY 11226

Property Details

Construction

Brownstone

Parking

On Street

Heating

Natural Gas

Cooling

Central AirWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 6-bedroom, 0-bathroom multi-family at 1632 Nostrand Avenue is listed at $1,100,000. The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.05 acre lot.

This property is listed by Carl Franklyn PSC.

CP

Carl Franklyn PSC

Agent at Keller Williams Realty Landmark

Listed by Keller Williams Realty Landmark · Broker phone: (718) 475-2777 · View on Broker Site · Broker website

MLS# 1035426· Source: OneKey MLS· 48 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1632 Nostrand Avenue, Brooklyn, NY 11226

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