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32-34 Nostrand Avenue Brooklyn, NY 11205
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32-34 Nostrand Avenue Brooklyn, NY 11205
32-34 Nostrand Avenue Brooklyn, NY 11205
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32-34 Nostrand Avenue

Brooklyn

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$ 5,800,000
Building For Sale
Property Type
Active
Status
  • 32-34 Nostrand Avenue
  • $ 5,800,000
32-34 Nostrand Avenue Brooklyn, NY 11205

Building Details

32-34 Nostrand Avenue Brooklyn, NY 11205
Multi-Family
Ownership
Commercial
Building Type
1931
Year Built

Photos

32-34 Nostrand Avenue Brooklyn, NY 11205
32-34 Nostrand Avenue Brooklyn, NY 11205

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 25x100 ft lots, each building provides a 25x65 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.
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 25x100 ft lots, each building provides a 25x65 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.

Listing Courtesy of eRealty Advisors, Inc

Features

A/C
Public Sewer
32-34 Nostrand Avenue Brooklyn, NY 11205

Utilities

Natural Gas Available
Public Water Source
32-34 Nostrand Avenue Brooklyn, NY 11205

Contact

License Licensed As: Not Applicable
Coldwell Banker Reliable Real Estate

Coldwell Banker Reliable Real Estate

License Licensed As: Not Applicable
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OneKey MLS
Information Copyright 2026, OneKey™ MLS. All Rights Reserved. Disclaimer: The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Source of Information: The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. Data last updated: 02/16/2026 1:28AM
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: KEY942170