1782 NOSTRAND AVENUE

For Sale - Brooklyn - Flatbush - Ditmas Park

$1,475,000

Net Operating Income: $81,590

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Key Details

Property Type
Mixed Use
Neighborhood
Flatbush - Ditmas Park
Property Dimensions
20.0 x 73.0
Property Area
4,380 sq.ft.
Total Units:
6
Stories:
3
NOI
$81,590
Price
$1,475,000
Price Per Unit
$245,833
Cap Rate
5.5%

Listing Description

3-story walk-up mixed-use building with a total of 5 apartments & 1 store
All units are large 1-bedrooms free-market apartments
Value-add potential due to below market rents
Within walking distance to the Newkirk Avenue Station ( 2 & 5 trains)

Property Details

Block/Lot:
5195/21
Lot Dimensions
20.0 x 100.0
Lot Area
2,000 sq.ft
Zoning:
R6
FAR as Built:
2.19
Max FAR:
4.8
Lev MavashevAlpha Realty
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