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  • $1,575,000

    1537 Nostrand Ave #1, Brooklyn, NY 11226

    6beds
    3,300sqft
    Building
    Built in 1931
    -- sqft lot
    $1,577,300 Zestimate®
    $477/sqft
    $-- HOA

    What's special

    Mixed use building 3bedroom 1 bath over 3 bedroom 1 bath over commercial storefront plus full basement. 103,828.00 annual income . About 20K annual expenses. ( taxes plus insurance plus water ) The commercial storefront has 2 1/2 years on the lease. Currently used as a spa. The 3 bedroom apts are renovated with split systems and dishwashers. There is easy upside on the apts. The combined rent is about 5K on the apts , easily raise to 6K. The store is paying 3677/ month . Located in the heart of east Flatbush, there is major residential development all around including directly across the street. Solid deal in the middle of rapidly gentrifying east flatbush / little caribbean , voted one of the coolest neighborhoods in nyc by TimeOut magazine,
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