#490739, Listing office: Kingsview Realty Corp.
Property details
About 1505 Nostrand Ave
Investor’s Dream in Prime Brooklyn Location. Welcome to this fully occupied, high-income producing 2-family home located in the heart of a desirable Brooklyn neighborhood. This solid brick property features a 3-bedroom over 2-bedroom layout, plus a finished basement with a separate entrance—perfect for maximizing rental potential. With low expenses and excellent cash flow, this is an ideal opportunity for investors seeking immediate returns. Each unit offers spacious living, functional layouts, and long-term tenants in place. A small private backyard adds a touch of outdoor space, great for relaxation or tenant enjoyment. Conveniently situated near transportation, shopping, and dining, this property won't last long! Property Highlights: 2-Family Home Finished Basement with Separate Entrance 3 Bedroom / 1 Bath Over 2 Bedroom / 1 Bath Fully Occupied – Turnkey Investment Small Private Backyard Low Maintenance / High Returns Prime Location – Close to Subways, Shops & More Don’t miss your chance to own a cash-flowing gem in a high-demand area.
Highlights
Home typeMulti Family
HeatingOther, Natural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Year built1899
ParkingNone, Street
MLS #493268
Summary
- Full Bathrooms: 3
- Basement: Yes
- Flooring Type: Ceramic, Hardwood, Tile
- Attached Garage: No
- Parking: None, Street
- Heating: Other, Natural Gas
- Cooling: Window Unit(s)
- List Price: $1,200,000
- Year Built: 1899
- MLS Number: 493268
- Office Name: Equity Essentials LLC
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Last updated on: 7/24/2025, 5:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
2
P.S. 399 Stanley Eugene Clark School
Public District KG-5
0.2 mi
•2707 Albemarle Rd
7
Lefferts Gardens Ascend Charter School (Lgacs)
Public Charter KG-2
0.3 mi
•870 Albany Ave
4
Norma Adams Clemons Academy
Public District KG-5
0.4 mi
•43 Snyder Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,471. Residents of Brooklyn, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
48%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1505 Nostrand Ave
The listing price of 1505 Nostrand Ave property is $1,200,000.
The property 1505 Nostrand Ave is a multi located in Brooklyn, New York, 11226.
Active Listing: 1505 Nostrand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1505 Nostrand Ave are: P.S. 399 Stanley Eugene Clark School (GreatSchools Rating 2/10), Lefferts Gardens Ascend Charter School (Lgacs) (GreatSchools Rating 7/10), Norma Adams Clemons Academy (GreatSchools Rating 4/10), P.S. 181 Brooklyn (GreatSchools Rating 5/10), M.S. 246 Walt Whitman (GreatSchools Rating 3/10), Explore Charter School (GreatSchools Rating 7/10), Academy for College Preparatory and Career Exp (GreatSchools Rating 3/10), Science Technology & Research Early College (GreatSchools Rating 8/10), High School for Service and Learning at Erasmus (GreatSchools Rating 2/10).
The year of construction for 1505 Nostrand Ave is 1899.
This home is located at 1505 Nostrand Ave in Brooklyn, NY and zip code 11226 in the Flatbush neighborhood. Features: 3 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $1,200,000.
In June 2025, from all listings sold in Brooklyn, NY there were more than 44 sold above asking price, over 155 sold below and more than 293 were sold right at the asked price. Between May and June 2025, Brooklyn, NY real estate market has seen decrease in the number of listings by 5%. The median list price of listings available in June 2025 was $1,019,077, while the average time on the real estate market was 92 days.
From Rocket Homes Real Estate and based on county public records data.