1637 Nostrand Avenue, Brooklyn, NY 11226 - Photo 1

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$945,000 Just Listed

For Sale
Active
Multi-Family
12 Total Beds
Updated 1 hour ago

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Property 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.

Full Property Details

Full Property Details for 1637 Nostrand Ave

General

Price: $945,000
Status: Active
Type: Multi-Family
Source: REBNY
MLS ID: RLS20115609
Updated: Today (9/16/2026)
Added to Site: Today

Interior

Number of Rooms: 30
Furnishings: Unfurnished

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 12

Other Rooms

Laundry: See Remarks

Location

County: Kings
Subdivision: Flatbush

Structural Information

Structure Type: Multi Family
Stories/Levels: 3
Square Feet: 5,400
Living Area: 5,400 Sq. Ft.

Lot Features

Lot Size: 1780
Lot Dimensions: 1780 x 1

Financial Considerations

Assoc Fee Freq.: Monthly

Disclosures and Reports

Property ID: 04915-0054
Block: 1320
Lot Number: 42

Listing Courtesy of Compass

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Schools

Schools serving 1637 Nostrand Ave

School District:New York City Geographic School District 17

Name	Grades	Distance
Ps 181 1023 New York Avenue, Brooklyn, NY 11203	PK-8	0.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1637 Nostrand Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/16/2026

Listed

$945,000

-27.31%

MLS

6/18/2018

Sold

$1,300,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1637 Nostrand Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$18,100

4%

$588,150

20%

2024

$17,336

—

$490,050

20%

2024

$17,336

7%

$408,240

20%

2023

$16,242

10%

$340,200

20%

2022

$14,757

22%

$283,500

25%

2021

$12,133

-2%

$226,800

-9%

2020

$12,362

-7%

$249,300

-20%

2019

$13,305

13%

$311,400

212%

2017

$11,770

—

$99,937

8%

2017

$11,770

7%

$92,536

8%

2016

$11,046

—

$85,683

—

2015

$11,038

9%

$85,683

4%

2014

$10,105

6%

$82,053

7%

2013

$9,562

—

$76,875

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1637 Nostrand Ave

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1637 Nostrand Avenue, Brooklyn, NY 11226 (MLS# RLS20115609) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 1637 Nostrand Avenue is currently listed for $945,000 and was received on September 16, 2026. Want to learn more about 1637 Nostrand Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

1637 Nostrand Ave Brooklyn, NY 11226