Investor’s Dream in Prime Brooklyn Location. Welcome to this fully occupied, high-income producing 2-family home located in the heart of a desirable Brooklyn neighborhood. This solid brick property features a 3-bedroom over 2-bedroom layout, plus a finished basement with a separate entrance—perfect for maximizing rental potential. With low expenses and excellent cash flow, this is an ideal opportunity for investors seeking immediate returns. Each unit offers spacious living, functional layouts, and long-term tenants in place. A small private backyard adds a touch of outdoor space, great for relaxation or tenant enjoyment. Conveniently situated near transportation, shopping, and dining, this property won't last long!
Property Highlights: 2-Family Home Finished Basement with Separate Entrance 3 Bedroom / 1 Bath Over 2 Bedroom / 1 Bath Fully Occupied – Turnkey Investment Small Private Backyard Low Maintenance / High Returns Prime Location – Close to Subways, Shops & More Don’t miss your chance to own a cash-flowing gem in a high-demand area.
Active
$1,200,000
1505 Nostrand Ave, Brooklyn, NY 11226
5beds
--sqft
Multi Family
Built in 1899
-- sqft lot
$1,244,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 63 days
- on Zillow |
- 315 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 07:57am
Listing by:
EQUITY ESSENTIALS LLC 914-374-1896,
Halyna Chyrva
Source: StreetEasy,MLS#: S1775341
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total structure area: 0
Property
Details
- Parcel number: 048840047
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Flatbush
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $899,000
- Annual tax amount: $6,096
- Date on market: 6/7/2025
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