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Six-Unit Walk-Up Apartment Building
For Sale
$949,000

1637 Nostrand Avenue, Brooklyn, NY 11226

Residential Income, Brooklyn, NY

Property Size5,400 SF
Price / SF$175.74
Days on Market13

Property Features for 1637 Nostrand Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bedroom 9, Bedroom 12, Bathroom 1, Bathroom 6, Bathroom 5, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 11, Bathroom 4, Bedroom 10, Bedroom 8, Bedroom 4, Bedroom 7
Subdivision Flatbush
High school district 000000
Standard status Active
Size 5,400 SF

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Eli Haliva · License #30HA1176670
Added: Sep 15 Changed: Sep 27 Last Checked: Sep 27 at 1:06PM
MLS# 11989119

Copyright © 2026 My State 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.

Located at 1637 Nostrand Avenue in Brooklyn’s East Flatbush section, this six-family walk-up apartment building was constructed in 1931. The property contains 5,400 SF arranged as six 2BR/1BA units, with rent-stabilized occupancy across the building.

The asset is positioned in Brooklyn, NY 11226, within Kings County. Its six-unit layout provides a defined multifamily configuration, while the underwritten 6.7% cap rate offers a reported metric for evaluating the property’s income profile.

Key Highlights

  • Six‑family walk‑up apartment building at 1637 Nostrand Avenue
  • 5,400 SF building constructed in 1931
  • Six 2BR/1BA rent‑stabilized units

Property Analytics

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Current Use

სახლი USA Apartment Complex 3DWall LLC Interior Design

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture Auto Parts Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,529
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Rent-stabilized apartments in a six-unit walk-up configuration.
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‑family walk‑up apartment building at 1637 Nostrand Avenue; 5,400 SF building constructed in 1931; Six 2BR/1BA rent‑stabilized units
More about this property
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