Six-Unit Walk-Up Apartment
For Sale
$949,000
1637 Nostrand Avenue, Brooklyn, NY 11226
Rent-stabilized multifamily property with six two-bedroom, one-bath apartments in East Flatbush.
Property Size5,400 SF
Price / SF$175.74
Days on Market12
Property Features for 1637 Nostrand Avenue
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Multi Family
Financials
Cap Rate
6.7%
Gross Income
$111,516
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Building Details
Building Size
5,400 SF
Year Built
1931
Listing Agency:
Compass
Listed By:
ELI ELIAHOU HALIVA · License #30HA1176670
(917) 627-5677
Source:
Penrealty
Added: Sep 16
Changed: Sep 25
Last Checked: Sep 26 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This six-unit apartment building contains six two-bedroom, one-bath residences within a 5,400-square-foot walk-up property. Constructed in 1931, the building offers a compact multifamily configuration with rent-stabilized apartments.
The property is located at 1637 Nostrand Avenue in Brooklyn’s East Flatbush neighborhood. Its six-unit layout and consistent unit mix provide a straightforward residential income property profile for ownership or management review.
The property is located at 1637 Nostrand Avenue in Brooklyn’s East Flatbush neighborhood. Its six-unit layout and consistent unit mix provide a straightforward residential income property profile for ownership or management review.
Key Highlights
- Six 2BR/1BA apartments
- 5,400 SF apartment building
- Rent‑stabilized units
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
5,529
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Rent-stabilized multifamily property with six two-bedroom, one-bath apartments in East Flatbush.
Where is this apartment building located?
The property is located at 1637 Nostrand Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Six 2BR/1BA apartments; 5,400 SF apartment building; Rent‑stabilized units
