Mixed-Use Property – 2 Family + Store in Prime Flatbush Location
Excellent opportunity to own a mixed-use building at 1614 Nostrand Avenue, Brooklyn. This property features two residential units over a commercial storefront GUTTED offering great income potential.
Lot Size: 20' x 80'
Building Size: Approx. 3,120 SqFt
Zoning: R6 / C2-3
Annual Taxes: $6,270
Frontage: 20 ft. on busy Nostrand Ave
Located in a high-traffic corridor with strong visibility and access to public transportation. Ideal for investors, end-users, or those seeking a live/work opportunity. Close to shops, restaurants, and major amenities. Property is being sold AS IS.
All info deemed reliable but must be verified. All qualified offers will be presented. Offers must include POF & PA. Mixed-use: 1 commercial + 2 residential units (gutted). Exterior showings only per insurance.
1614 Nostrand Avenue, Brooklyn, NY, 11226
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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