Flatbush | Tilden Avenue & Beverley Road
- $ 949,000
- Bedrooms
- Bathrooms
- HouseBuilding Type
- 5,400 Approx. SF
- Details
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- Multi-FamilyOwnership
- $ Anual RE Taxes
- 22'x78'Building Size
- 22'x100'Lot Size
- 1931Year Built
- ActiveStatus
- Description
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1637 Nostrand Ave, Brooklyn (East Flatbush) — 6-family walk-up, built 1931. 5,400 SF, six 2BR/1BA units. Rent-stabilized. $111,516 gross annual rent. Underwritten NOI $63,176 (6.7% cap at asking price). $158,167 per door. All-cash / low-leverage hold play. Steady, predictable income — 10-year horizon.
1637 Nostrand Ave, Brooklyn (East Flatbush) — 6-family walk-up, built 1931. 5,400 SF, six 2BR/1BA units. Rent-stabilized. $111,516 gross annual rent. Underwritten NOI $63,176 (6.7% cap at asking price). $158,167 per door. All-cash / low-leverage hold play. Steady, predictable income — 10-year horizon.
Listing Courtesy of Compass
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- Features
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- A/C
- Close details -
- Contact
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William Abramson
License Licensed As: William D. AbramsonDirector of Brokerage, Licensed Associate Real Estate Broker
W: 646-637-9062
M: 917-295-7891
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