Albert Wilk broker of Wilk RealEstate Ltd. New-York and Florida licences
Since 1987
Albert Wilk, Licensed Real Estate Broker in New York & Florida

1864 Nostrand Avenue, Ditmas Park, Brooklyn, NY 11226

I'm pleased to offer this 2 unit, mixed-use building with commercial space in the Flatbush section of Brooklyn. The property is located on Nostrand Avenue between Newkirk Ave and Avenue D, a major thoroughfare in the neighborhood with high pedestrian traffic and nearby subway access. The building includes 2 residential 3 bedroom units, 3 commercial spaces, 2 Month-to-month table vendors and is approximately 4,540 SF with 60’ of inline building frontage. It boasts updated electric, updated plumbing, with the apartments in move-in condition. Current leases are performing. The building is well maintained throughout. The Price will include the purchase of the business that generates $1.4M a year. The income Breakdown is as Follows: - Store 1: $10,000 Month - $120,000 Year - Store 2: $5,000 - $60,000 Year - Store 3: $5,600 - $67,200 Year - Vendor 1: $1,000 - $12,000 Year - Vendor 2: $1,000 - $12,000 Year - second floor office: $3,800 - $45,600 Year - 3rd Floor 3 Bed: $3,000 - $36,600 Year - Business Income: $120,000 - $1,440,000 Year Gross Income: $1.77M? Net Income: $840k

1864 Nostrand Ave Brooklyn, NY 11226

$5,995,000
Send Request
City: Brooklyn
Total Sq./Ft.: 4540
Block #: 5216
Lot #: 18
Year Built: 1933
Basement Type: Full
Bldg Size: 100 x 20
Floor: Ceramic, Concrete
Est. Fuel $ Yr.: $1,200
Hot Water: Electric
Est. Insurance $ Yr.: $1,400
Lot Size: 100 x 20
Lot Sq./Ft.: 2000
# Families: 1
# Stores: 4
Owner Occupied: Yes
Est. Taxes $ Yr.: $23,978
Zoning: R6
Property type: Mixed Use/Store & Family
Neighborhood: Ditmas Park
Zip: 11226
Request Information
Please Call: 718-376-0606
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Listing courtesy of Realtynerd BK Inc | MLS: 428532
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