1541 Nostrand Ave Brooklyn, NY 11226

On the border of Prospect Lefferts Garden/Flatbush, one of Brooklyn's hottest neighborhoods, sits a 3-story 2-family plus store, attached, brick, mixed-use building. Great location for any business. Two six room apartments above the store, each feature three bedrooms, living room, dining room, kitch...en and three-quarter bath. The building has been fully renovated in 2023 and both apartments are rented out at market price. The 3rd floor is rented for $3600 and the second floor is rented for $3800. Each apartment has a washer/dyer and each room has split unit AC. Commercial space is currently being rented for $3350 Current gross rent roll $129000 - Expenses are $14,075 Cap rate of 6.3% Lot: 20 ft x 80 ft. Building: 20 ft x 50 ft. Approx. Building Sq Ft: 3,300. Est. Annual Taxes: $5843.10. Street level store on commercial avenue with excellent exposure. Unfinished basement. Zoning: R6 Approx. Year Built: 1931. Stories: 3. Continue reading