1541 Nostrand Ave, Brooklyn, NY 11226

Welcome to an exceptional investment opportunity at 1541 Nostrand Avenue, Brooklyn, NY, located in the vibrant neighborhood of Flatbush. This mixed-use building features two residential units and one commercial space, offering a highly desirable income-producing asset. Upon entering, you're greeted by a classic walk-up design that exudes charm and functionality. The recent renovation, completed in 2024, ensures modern touches throughout. Each residential unit is thoughtfully laid out with 3 bedrooms and 2 bathrooms, providing ample space for comfort and style. The formal dining rooms in each unit are perfect for hosting and entertaining, while the voice intercom system adds a layer of convenience and security. The commercial space is currently leased at $3,517.50 per month with a 5% annual rent escalator, contributing to a robust annual rent roll of $133K. The residential units each generate $3,800 per month, enhancing the property's strong income potential. Utility and tax expenses total approximately $9K annually, balancing the investment equation. Discover a rare find in the heart of Brooklyn. Whether you're seeking an income-generating asset or a home with versatile living and business options, 1541 Nostrand Avenue stands out as a premier choice.