Water Front Luxury Realty

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$5,800,000
6 Days On Site

32-34 Nostrand Avenue
Brooklyn, NY 11205

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,500
SqFt
$892
/SqFt
1931
Built
County:
Kings (Brooklyn)
Listing courtesy of eRealty Advisors, Inc berachmrealty@gmail.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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Monthly Payment (Est.)

$26,462
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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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Listing Snapshot
Price 
$5,800,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1931
MLS® Number 
942170
Status 
Active
Property Tax 
$11,892.16
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
General Features
Parking 
On Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
6500
Utilities 
Natural Gas Available
Water Source 
Public
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Listing courtesy of eRealty Advisors, Inc berachmrealty@gmail.com


Based on information submitted to the MLS GRID as of 2025-12-15 06:27 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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