Listed by REMAX EDGE
$1,999,000
1826 Nostrand Ave
Details
Property Type Mixed Use
Sub Type Building
Units 6
Cap Rate 6.63%
NOI $132,600
Occupancy 100%
Tenancy Multi
Lease Type Modified
Broker Co-Op Yes
Year Built 1936
Stories 3
Lot Size (SqFt) 2,000
Zoning R6
Mixed Use | 6.63% CAP
Marketing description
Investment Building in a high-demand area. This well-maintained property offers stable rental income, multiple tenant spaces, and potential for value-add improvements. Ideal for investors seeking a good and stable income with minimal management. Great income!
3-story building
Fully occupied (month-to-month leases)
1 commercial unit
5 residential apartments
Lot 20x100
Building size 20x85
Listing Contacts
Listed by REMAX EDGE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,600.00
$11,050.00/mo
Valuation Metrics
0
DSCR
6.63%
Cap Rate
6.63%
ROI
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