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Image 1 - 1481 Nostrand Ave, Brooklyn, New York, 11226 - House for sale
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Home For Sale In Brooklyn, New York
1481 Nostrand Ave, Brooklyn, New York, 11226

Home For Sale In Brooklyn, New York

house for sale
Listed: 06/09/24

1481 Nostrand Ave, Brooklyn, New York, 11226

4 Bed:
2 Bath:
2,800 Sq Ft Living Area:
Save
Price
$ 1,32M
Price:  Increased

About This House

We are pleased to offer for sale 1481 Nostrand Avenue. Located in the Brooklyn neighborhood of Flatbush, a block from bustling Church Avenue station on the 2/5 train, this free-market, 100% occupied building is an opportunity to purchase a turn-key investment with great development potential. Nostrand Avenue is a major Brooklyn corridor and this intersection is heavily trafficked by both cars and people on foot. Offered at just a 6% cap rate, 1481 Nostrand Avenue has three units and two floors. All units are on signed leases with good, strong credit tenants and Seller can provide proof of monthly on-time rental payments. The apartments are each 2bd/1bath, one of which has a washer/dryer. Both units were renovated within the last …  Full description

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New York Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
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In August 2024, the asking price for 4 bed houses for sale in/near New York, United States averaged $1,119,560, a decrease of 2.8% from the previous month.
Median price trends for properties for sale in New York, United States as of August 2024.

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.