About 1505 Nostrand
Investor’s Dream in Prime Brooklyn Location. Welcome to this fully occupied, high-income producing 2-family home located in the heart of a desirable Brooklyn neighborhood. This solid brick property features a 3-bedroom over 2-bedroom layout, plus a finished basement with a separate entrance—perfect for maximizing rental potential. With low expenses and excellent cash flow, this is an ideal opportunity for investors seeking immediate returns. Each unit offers spacious living, functional layouts, and long-term tenants in place. A small private backyard adds a touch of outdoor space, great for relaxation or tenant enjoyment. Conveniently situated near transportation, shopping, and dining, this property won't last long! Property Highlights: 2-Family Home Finished Basement with Separate Entrance 3 Bedroom / 1 Bath Over 2 Bedroom / 1 Bath Fully Occupied – Turnkey Investment Small Private Backyard Low Maintenance / High Returns Prime Location – Close to Subways, Shops & More Don’t miss your chance to own a cash-flowing gem in a high-demand area. Subject to E&O.
Features of 1505 Nostrand
| MLS® # | 493268 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Full Baths | 3 |
| Year Built | 1899 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 1505 Nostrand |
|---|---|
| Area | Flatbush |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11226 |
Amenities
| Amenities | NONE |
|---|---|
| Features | A/C Unit - Window |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Tile, Ceramic |
|---|---|
| Heating | Other |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Separate Entrance |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Flat |
| Construction | Brick |
| Foundation | Other |
Additional Information
| Date Listed | June 7th, 2025 |
|---|---|
| Days on Market | 114 |
| Zoning | R6A |
| Tax | $6,093 |