Brooklyn, NY

COMMERCIAL

Address: ‎32-34 Nostrand Avenue

Zip Code: 11205

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$5,800,000

ID # 942170

English

Broker Contact

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eRealty Advisors, Inc Office: ‍914-712-6330

$5,800,000 - 32-34 Nostrand Avenue, Brooklyn , NY 11205 | ID # 942170

ID #‎ 942170
Construction Year1931
Taxes
(per year)
$11,892
Fuel TypeGas
Air
Conditioning
Wall Unit AC
Bus0 min: B44
3 min: B100, B2, B31, BM4
4 min: B41
6 min: B44+
7 min: B3
8 min: B36
10 min: B49, BM3
LIRR5 miles: "Nostrand Avenue"
5.3 miles: "East New York"

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房屋英文概況 English 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. © 2025 OneKey™ MLS, LLC

Courtesy of eRealty Advisors, Inc

公司: ‍914-712-6330




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$5,800,000

COMMERCIAL
ID # 942170
‎32-34 Nostrand Avenue
Brooklyn, NY 11205


Listing Agent(s):‎
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Office: ‍914-712-6330

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