$1,300,000
For Sale

1660 Nostrand Avenue

New York, NY 11226
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover an unparalleled investment opportunity in the heart of Brooklyn's thriving neighborhood. This property, currently in mid-construction, is poised to become a stunning 8-unit residential building, offering a mix of modern living spaces designed for maximum appeal and profitability. Originally a 3-family structure, this property is undergoing a significant transformation into an 8-family residence. The top two units will be luxurious duplexes, each boasting spacious layouts and direct access to a penthouse on the top floor, providing an elevated urban living experience. Key milestones in the construction process have already been completed, including demolition, foundation work, and underpinning. This means that the groundwork for a high-quality, structurally sound building is already in place. Located in a vibrant area of Brooklyn, the property offers excellent access to public transportation, shopping, dining, and cultural attractions. Don't miss out on this chance to create a standout residence in one of New York City's most dynamic boroughs. ***BUYER MUST VERIFY ALL INFO***

  • Property Details
      • Lot DescriptionWooded
    • Measurements
      • Acres0.2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1910
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • High SchoolAcad For College Prep And Career Exp
      • Middle SchoolAcademy Of Hospitality And Tourism
      • CountyKings (Brooklyn)
      • School DistrictBrooklyn 17
      • ZoningResidential
      • Elementary SchoolPs 138
  • Financial Details
      • Original List Price$1,300,000
      • Taxes Annual$5,753
      • Days on Market (Cumulative)92
  • Other
      • MLS #L3574560

Location

Susan Camus | Imagine PropertiesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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