Buy with Yoreevo
$5,698,500
List Price: $5,800,000
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32-34 Nostrand Avenue
House in Bedford-Stuyvesant •  building info
studio
Buy with Yoreevo

$5,698,500

List Price

$5,800,000

Key Details
Days on market
7
Last price change
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Estimated payment
$33,131/mo
Taxes
$991/mo
Maintenance
N/A
Description
A rare Williamsburg opportunity — two fully attached, all-brick income-producing buildings offered as a single package, featuring a combined 50 ft of frontage in one of Brooklyn’s most sought-after neighborhoods. Perfect for investors, developers, or end-users looking for scale and long-term upside. Set on two 25 × 100 ft lots, each building provides a 25 × 65 ft structure, allowing tremendous flexibility whether you choose to maintain the strong existing cash flow or reposition/redevelop into luxury rentals, condos, or mixed-use. Currently generating an impressive approx. $345,485 annual rent roll, the properties are fully occupied with stable tenants and additional upside potential. Both buildings feature mostly large 2-bedroom layouts with generous living spaces, plus a street-level retail unit at 34 Nostrand for additional consistent income. Recent upgrades include electrical and plumbing updated approximately 15 years ago, adding peace of mind to long-term operations. Property Breakdown: • 32 Nostrand Ave: 8 occupied units – spacious 2-bedroom layouts • 34 Nostrand Ave: 7 occupied units + retail store – large 2-bedroom layouts, strong retail component Operating Expenses: • Property Taxes: $12,839 (32 Nostrand) + $14,118 (34 Nostrand) Whether you’re seeking a stable income asset, looking to live and invest in Williamsburg, or considering a full redevelopment, this double-lot package delivers scale, location, and endless potential.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$5,800,000
Asking Price: $5,800,000
Term
30 Years
Down Payment
$580,000 (10%)
Min: 10% (580,000)
Rate
6.25 %
Mortgage Amount
$5,220,000
Mortgage Payment
$32,140
Taxes
$991
Estimated Yoreevo rebate
$101,500
Estimated closing cost
$262,000
Total monthly cost $33,131
Buy your dream home with us and get an estimated $101,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of eRealty Advisors Inc

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