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1637 Nostrand Avenue
Brooklyn NY 11226 US

$949,000

Active Listing ID 11989119
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12 bed
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5,400 square feet
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6.00 Bath (6 Full)
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Other

$949,000

Active Listing ID 11989119
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1637 Nostrand Avenue Six-family brick walk-up in East Flatbush, half a block from the 2/5 train at Beverly Rd. All six units are 2BR/1BA, 100% occupied and rent-stabilized. $111, 516 gross annual rent. $63, 176 NOI. 6.66% cap rate and 8.5x GRM at $949, 000 ($158, 167 per unit). The top-floor unit is fully renovated: open kitchen with quartz island and stainless steel appliances. Updated boiler and two hot water heaters. Tax Class 2A, with assessment increases capped at 8% per year and 30% over 5 years. No Local Law 97, no Local Law 11 (FISP), no elevator. Built for an all-cash or low-leverage buyer who wants stable in-place cash flow on a long-term hold. Rent roll and expense statement available on request.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 949000
  • unparsedaddress: 1637 Nostrand Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11226
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 5400
  • livingareaunits: Square Feet
  • latitude: 40.64617
  • longitude: -73.948781
  • listagentfullname: Eli Haliva
  • listagentemail: eli.haliva@example.com
  • listagentkey: 3yd-NYSMLS-538641
  • listagentmlsid: 538641
  • listagentofficephone: 6469820353
  • listofficekey: 3yd-NYSMLS-4848
  • listofficemlsid: 4848
  • disclaimer: 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.
  • sourcesystemid: NYSMLS
  • listingcontractdate: 2026-09-15
  • countyorparish: Kings
  • highschooldistrict: 000000
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bedroom 4, Bedroom 11, Bedroom 12, Bathroom 5, Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 10, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 6, Bedroom 8
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.948784, 40.64617
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"eli.haliva@example.com", "ListBrokerageCity":"New York", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"3rd floor", "ListBrokerageUnparsedAddress":"90 Fifth Avenue", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"90 Fifth Avenue, 3rd Floor 3rd floor", "ListOfficeAddress2":"3rd floor", "ListOfficeBrokerMlsId":"4848", "ListOfficeCity":"New York", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"10011", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Brooklyn, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-11-09 11:25:19", "Neighborhoods":[{"Description":null, "Name":"Flatbush"}], "PostalCode":null, "RoomCount":30, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/9/2026 12:29:55 PM GMT
Source Updated Date: 11/10/2026 1:02:43 PM GMT

Courtesy of: Eli Haliva, Compass, eli.haliva@example.com

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.