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1092 Nostrand Ave
Brooklyn, NY 11225
Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Turnkey, Fully Renovated Building Offered Below Replacement Cost
  • Clean Paperwork w/ Order & Determination Letter Provided
  • Currently 6,450 Gross Square Feet w/ Approx. 2,486 Additional Buildable Square Feet of Air Rights
  • Currently Cash Flowing & Fully Occupied w/ 6 Free Market Units & 2 Commercial
  • Renovated in 2017 & Professionally Managed
  • Shared Washer/Dryer | Bike Room | Separate Boilers | Central Air Conditioning Installed

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,450 SF
No. Stories 3
Year Built 1931
Zoning R6, C2-3 - Wide Street (80') Along Nostrand 3.0 FAR 2,667 SF Lot - 8,000 Buildable Square Feet Approximately 2,486 Additional Buildable Square Feet

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • On-Site Retail
  • Bicycle Storage

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 2 - -
4+1.5 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05030-0044
Land Assessment
$11,250
Improvements Assessment
$564,750
Total Assessment
$576,000
  • Listing ID: 32707040

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 1092 Nostrand Ave, Brooklyn, NY 11225

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