2029 Nostrand AVE new Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11210
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 916783
Rental Info No
Year Built 1940
Annual Tax Amount $6,843
Lot Size 1,999 Sqft
Acres 0.0459
Property Sub-Type Mixed Use
Source onekey2
Property Description
This well-located 3-unit building offers strong income with built-in upside. The first floor is leased to a long-standing ophthalmologist practice with eyewear sales, generating $2,700/month. The third floor is a two-bedroom, one-bath apartment currently rented for $1,400/month. The second floor, also a two-bedroom, one-bath, will be delivered vacant perfect for owner-occupancy or new rental income. This property sits on a busy stretch of Nostrand Avenue, offering excellent visibility and consistent traffic. With tenants already in place and one unit available, it's a rare opportunity for both investors and buyers looking to live upstairs while collecting rent. Even better, the property qualifies for an FHA 203K Rehabilitation Loan, allowing owner-occupants to finance both purchase and renovations in one package. This is a turnkey investment with future growth potential. Selling with tenants in place.
Location
State NY
County Kings (brooklyn)
Interior
Heating Hot Water,Natural Gas,Oil
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available None
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None