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1146 Nostrand Ave
Brooklyn, NY 11225
Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Turnkey Mixed-Use Asset
- Strong Commercial Anchor
- Completely Gut Renovated
EXECUTIVE SUMMARY
1146 Nostrand Avenue presents a rare opportunity to acquire a fully leased, turnkey mixed-use property in the highly sought-after Prospect Lefferts Gardens neighborhood. The building has been fully renovated and is maintained in excellent, like-new condition, featuring modern systems and high-quality finishes throughout. The ground floor is occupied by a thriving restaurant, while the two free-market residential apartments above each offer two bedrooms and one bath, reflecting strong rental demand. With all units leased and producing steady income, this property represents a low-maintenance, income-generating asset in one of Brooklyn’s most dynamic communities.
PROPERTY FACTS
| Price Per Unit | $983,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 3 | Building Size | 2,718 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Low-Rise | ||
| Zoning | R6 | ||
| Price Per Unit | $983,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,718 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R6 |
PROPERTY TAXES
| Parcel Number | 05036-0046 | Improvements Assessment | $313,650 |
| Land Assessment | $68,400 | Total Assessment | $382,050 |
PROPERTY TAXES
Parcel Number
05036-0046
Land Assessment
$68,400
Improvements Assessment
$313,650
Total Assessment
$382,050
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