2029 Nostrand Avenue, Brooklyn, NY 11210
sale
$850,000
|
Mixed Use
Courtesy Of BESMATCH REAL ESTATE
This well-located 3-unit building offers strong income with built-in upside. The first floor is leased to a long-standing ophthalmologist practice with eyewear sales, generating $2,700/month. The third floor is a two-bedroom, one-bath apartment currently rented for $1,400/month. The second floor, also a two-bedroom, one-bath, will be delivered vacant perfect for owner-occupancy or new rental income. This property sits on a busy stretch of Nostrand Avenue, offering excellent visibility and consistent traffic. With tenants already in place and one unit available, it s a rare opportunity for both investors and buyers looking to live upstairs while collecting rent. Even better, the property qualifies for an FHA 203K Rehabilitation Loan, allowing owner-occupants to finance both purchase and renovations in one package. This is a turnkey investment with future growth potential. Selling with tenants in place.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 3
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Heating System: Oil
- Heating System: Hot Water (Heating)
- Heating System: Natural Gas
- MLSID: 916783
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