2990 Nostrand Avenue, Brooklyn, NY 11229

$2,200,000 List Price

Off Market

Listing ID	10961784



Property Type	Multi-Unit (5+)



County	Kings



Township	Kings



Neighborhood	Sheepshead Bay

Total Tax	$30,343



Tax ID	6792-14



FEMA Flood Map	fema.gov/portal



Year Built	1925

Virtual Tour

Multiple use building in the heart of Sheepshead bay. This building is a great investment property. Boasting 5 apartments each with 2 bedrooms and a storefront this building has an approximate cap rate of 4.25%. Schedule your appointment today!

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Property Details

7 Full Baths
5100 SF
2000 SF Lot
Built in 1925
3 Stories
Partial Basement
Lower Level: Partly Finished

Unit Information

Unit #1 – Rent Price: 1750, Bedrooms: 2, Full Baths: 1, Occupied

Unit #2 – Rent Price: 1700, Bedrooms: 2, Full Baths: 1, Occupied

Unit #3 – Rent Price: 1630, Bedrooms: 2, Full Baths: 1, Occupied

Unit #4 – Rent Price: 1750, Bedrooms: 2, Full Baths: 1, Occupied

Unit #5 – Rent Price: 1630, Bedrooms: 2, Full Baths: 1, Occupied

Full Baths: 1

Interior Features

Steam Radiators
6 Heat/AC Zones
Gas Fuel
Natural Gas Avail

Exterior Features

Brick Siding
Municipal Water
Municipal Sewer
Near Bus
Near Train

Commercial Info

Uses: Mixed Use
4% Cap. Rate

5 residences and 1 storefront

Income/Expenses

Gross Income $125,000
Net Income $80,000
Total Exp $45,000
Paid by Landlord: Water

Taxes and Fees

$30,343 Total Tax

Previously Listed By

Melissa Cosentino

PRODIGY REAL ESTATE INC

Listing data is deemed reliable but is NOT guaranteed accurate.

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