$945,000
Active
1 days on market
1637 Nostrand Ave
📍 Flatbush, Brooklyn, NY 11226
12.0
Beds
6.0
Baths
5,400
Sqft
$175
Per sqft
Co-op
Type
About this property
1637 Nostrand Ave, Brooklyn (East Flatbush) — 6-family walk-up, built 1931. 5,400 SF, six 2BR/1BA units. Rent-stabilized. $111,516 gross annual rent. Underwritten NOI $63,176 (6.7% cap at asking price). $158,167 per door. All-cash / low-leverage hold play. Steady, predictable income — 10-year horizon.
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Key facts
1,780 sq ft lot
Property details
Property typeCo-op
Listing statusActive
Lot size1,780 sqft
Days on market1 days
MLS #RLS20115609
Estimated monthly payment
Listing price$945,000
Down payment (20%)$189,000
Loan amount$756,000
Principal & interest (7%, 30yr)$5,029/mo
Property tax (est.)$919/mo
Home insurance (est.)$393/mo
Estimated total$6,341/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
