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Mixed-Use Property with Church Tenant
For Sale
$1,100,000

1632 Nostrand Avenue, Brooklyn, NY 11226

Residential Income, Brooklyn, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market14

Property Features for 1632 Nostrand Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features On Street
Window features Skylight(s)
Basement Full, Finished, Walk-Out Access
Elementary school Ps 399 Stanley Eugene Clarke
Middle school Ms 246 Walt Whitman
High school Midwood High School
Elementary school district Brooklyn 17
Middle school district Brooklyn 17
High school district Brooklyn 22
Directions GPS
Standard status Active
APN 05140-0017
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6410

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air, Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1930
Number of units 2
Building materials Brownstone
Listing Agency: Keller Williams Rlty Landmark · Keller Williams Realty
Listed By: Carl Franklyn PSC · License #10401358447
Added: Sep 9 Changed: Sep 19 Last Checked: Sep 22 at 5:06PM
MLS# 1035426

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1930 brownstone mixed-use property includes two three-bedroom apartments above a renovated ground-floor commercial space occupied by a church tenant. The basement has also been renovated and functions as an extension of the commercial area, adding storage and usable support space. One apartment is expected to be delivered vacant, with potential for further residential availability.

The property is located on Nostrand Avenue in Flatbush, Brooklyn, near public transportation, shopping, and neighborhood dining. Building systems include natural-gas heating, central air, and wall or window cooling units. Public water and sewer serve the property, and parking is available on the street.

Key Highlights

  • Two three‑bedroom apartments
  • Renovated ground‑floor commercial space occupied by a church tenant
  • Renovated basement extends the commercial area and provides additional storage

Property Analytics

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Current Use

Gethsemane Temple Cogic Church

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Building Supply Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,037
Businesses Nearby

Demographics for 11226, NY

101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brownstone property combines two apartments with renovated commercial and basement space in Flatbush.
Where is this mixed-use property located?
The property is located at 1632 Nostrand Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two three‑bedroom apartments; Renovated ground‑floor commercial space occupied by a church tenant; Renovated basement extends the commercial area and provides additional storage
More about this property
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