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$929,150
List Price: $945,000
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1637 Nostrand Avenue

Townhouse in Flatbush •  building info
12bd • 6ba • 5,400ft² $175 per ft²
Buy with Yoreevo

$929,150

List Price

$945,000

Key Details
Days on market
2
Last price change
No recorded changes
Estimated payment
$5,376/mo
Taxes
N/A
Maintenance
N/A
Description
1637 Nostrand Ave, Brooklyn (East Flatbush) 6-family walk-up, built 1931. 5,400 SF, six 2BR/1BA units. Rent-stabilized. $111,516 gross annual rent. Underwritten NOI $63,176 (6.7% cap at asking price). $158,167 per door. All-cash / low-leverage hold play. Steady, predictable income 10-year horizon.

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Building info

History
9/16/26
Listed by Compass
$945,000
$1,300,000
What it'll cost
Purchase price
$945,000
Asking Price: $945,000
Term
30 Years
Down Payment
$94,000 (10%)
Min: 10% (94,000)
Rate
6.5 %
Mortgage Amount
$850,500
Mortgage Payment
$5,376
Estimated Yoreevo rebate
$15,850
Estimated closing cost
$27,000
Total monthly cost $5,376
Buy your dream home with us and get an estimated
$15,850 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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