$1,235,000
$15K PRICE DROP

Estimated payment $7,925/month

Total Views 1,523
-- Beds
-- Baths
3,300 Sq Ft
$374 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to Beverly Road (2,5 Line)
  • Back Yard
  • Brick Front
  • Heating System Uses Steam

About This Home

Opportunity to acquire a mixed-use investment property on one of Brooklyn’s most active commercial corridors. This asset consists of two (2) three-bedroom residential apartments and one (1) ground-floor commercial unit, currently VACANT, offering immediate income upside. The vacant retail space allows an investor or owner-user to lease at market rents or occupy, while the residential units provide stable cash flow with strong long-term demand. Ideal for value-add investors seeking rent optimization, repositioning, or a long-term hold in a high-growth Brooklyn market. Located on high-traffic Nostrand Avenue, surrounded by national and local retailers, dense residential population, and excellent access to public transportation. Mixed-use properties with vacant commercial space in this corridor are increasingly rare.

Listing Agent

Javed Iqbal

Kaloshi Real Estate Inc Listed on: 01/20/2026

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,727

Year Built

  • Built in 1910

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back Yard
  • Property is zoned R6

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Poured Concrete
  • Brick Front

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Ceramic Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5195

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $4,500
  • Insurance Expense $3,600
  • Utility Expense $2,000
  • Gross Income $25,000

Property Details

Property Type

Other

Est. Annual Taxes

$13,727

Year Built

Built in 1910

Lot Details

1,600 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Clarendon Rd
  • Cross Street Name2: Avenue D
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3300
  • Building Stories: 3
  • Street Name I D X: Nostrand
  • Year Built: 1910
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpeting, Ceramic, Hardwood, Linoleum
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick Face
  • Foundation Details: Poured Concrete
  • Lot Number: 8
  • Roof: Flat

Utilities

  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R6

Rental Info

  • Rent Income: 25000

Multi Family

  • Annual Gross Income: 25000
  • Insurance Expense: 3600.00
  • Annual Utility Expenses: 2000.00

Tax Info

  • Flip Tax Amount: 13727.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,220 $66,360 $9,120 $57,240
2025 $13,727 $55,860 $9,120 $46,740
2024 $13,727 $210,600 $68,400 $142,200
2023 $12,472 $175,500 $68,400 $107,100
2022 $11,518 $146,250 $68,400 $77,850
2021 $11,548 $150,750 $68,400 $82,350
2019 $10,652 $194,400 $68,400 $126,000
2018 $9,947 $78,207 $22,014 $56,193
2017 $9,210 $72,414 $23,620 $48,794
2016 $7,150 $67,050 $22,950 $44,100
2015 $9,873 $210,600 $22,950 $187,650
2014 $9,873 $193,050 $22,950 $170,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Price Changed $1,235,000 -1.2% $374 / Sq Ft
01/20/2026 01/20/26 For Sale $1,250,000 -- $379 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 498501

Brooklyn Board of REALTORS®

APN: 05195-0008

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