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    1655 Nostrand Ave Brooklyn, NY 11226

    For Sale
    $1,450,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    3,300 SF
    Lot size:
    0.05 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 1655 Nostrand Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R6
    Size
    3,300 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1931
    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    E House Realty & Mgt. Inc. (718) 680-2776

    Listing agent Shu Yan (Helen) Lin (718) 680-2776

    Listing date Oct 7, 2025

    MLS# 493378 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Brooklyn Property

    This renovated mixed-use property is located on Nostrand Avenue in Brooklyn. The building includes 4 apartments and 1 storefront. The building dimensions are 20 feet by 55 feet, situated on a 20-foot by 100-foot lot. The first floor features a laundromat business, which may be available for sale. On the second floor, there are two two-bedroom apartments, one in the front and one in the rear. The apartments on the second floor can be converted into two-bedroom units. The third floor mirrors the second floor with a two-bedroom apartment in the front and another in the rear. The property has new electrical systems and four new heating systems, one for each unit. The basement has a separate entrance. The property is located close to the 2 and 5 train station, supermarkets, and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Beverly Laundromat Laundromat

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.948713
    Latitude
    40.645734

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property with storefront and apartments in prime location.
    Where is this mixed-use property located?
    The property is located at 1655 Nostrand Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Prime location on busy Nostrand Avenue in Brooklyn.; - Mixed-use property: 4 apartments + 1 storefront (laundromat business).; - Renovated with brand new electrical and heating systems (4 separate heating systems).
    (718) 680-2776
    Request Owner's contact information
    1655 Nostrand Ave Brooklyn, NY 11226
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    Brooklyn, NY 11226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1655 Nostrand Ave Brooklyn, NY 11226
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