1505 Nostrand Avenue Brooklyn, NY $ 1,200,000
1505 Nostrand Avenue
$ 1,200,000
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1505 Nostrand Avenue

Brooklyn, NY, 11226
$ 1,200,000
Baths3.0

Monthly Estimate*

$ 7,486

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Studio

Multi-Family Home for sale in Brooklyn, NY

for $1,200,000 with 3 full baths. This home was built in 1899 on a lot size of 0.045914.

Investor’s Dream in Prime Brooklyn Location. Welcome to this fully occupied, high-income producing 2-family home located in the heart of a desirable Brooklyn neighborhood. This solid brick property features a 3-bedroom over 2-bedroom layout, plus a finished basement with a separate entrance—perfect for maximizing rental potential. With low expenses and excellent cash flow, this is an ideal opportunity for investors seeking immediate returns. Each unit offers spacious living, functional layouts, and long-term tenants in place. A small private backyard adds a touch of outdoor space, great for relaxation or tenant enjoyment. Conveniently situated near transportation, shopping, and dining, this property won't last long! Property Highlights: 2-Family Home Finished Basement with Separate Entrance 3 Bedroom / 1 Bath Over 2 Bedroom / 1 Bath Fully Occupied – Turnkey Investment Small Private Backyard Low Maintenance / High Returns Prime Location – Close to Subways, Shops & More Don’t miss your chance to own a cash-flowing gem in a high-demand area. Subject to E&O.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,093

Style

Multi-Family

Lot Size

0.045914

Year Built

1899

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

493268

Features
Interior
Heating Fuel Gas
Flooring Ceramic Hardwood Tile
Hot Water Other
Full Baths 3
Half Baths 0
Three Quarter Bath 0
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General
Roof Flat
Zoning R6A
Electric Circuit Breakers
Property Type Residential
Block 4884
Yearly Taxes 6093.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 205
MLS Area Flatbush
Sub Type Multi-Family
Year Built 1899
City Brooklyn
DOM 205
# Families 2
Public Remarks Investor’s Dream in Prime Brooklyn Location. Welcome to this fully occupied high-income producing 2-family home located in the heart of a desirable Brooklyn neighborhood. This solid brick property
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Exterior
Exterior Brick
Foundation Other
Parking Attrib None
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Equity Essentials Llc

Broker

(914) 374-1896

Phone

Affordability Calculator

$7,994
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$508
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2025$1,200,000 Listed Price

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1505 Nostrand Avenue, Brooklyn, NY, 11226 is a Multi-Family Home for sale at $1,200,000 with a lot size of 0.045914. 1505 Nostrand Avenue is a studio with 3.0 baths and was built in 1899. The property's zip code is 11226 which is in Brooklyn, NY