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Off market
  • $1,039,800

    1640 Nostrand Ave, Brooklyn, NY 11226

    6beds
    843sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $1,039,800 Zestimate®
    $1,233/sqft
    $3,176 Estimated rent

    Home value

    $1,039,800

    $915,000 - $1.16M

    $3,176/mo

    Zestimate® history
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    $3,176/mo

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    $3,176/mo

    Rent Zestimate®

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    $6,128/mo

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    $6,128/mo

    Est. payment

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    What's special

    Outdoor spaceMixed use buildingPrime little caribbeanFull on-premises liquor licenseFull sound-systems

    Bar & 2 Family Mixed Use Building - Prime Little Caribbean Once in a lifetime opportunity to purchase this income producing bar/ 2 family mixed use building, Very prime location in the heart of the little Caribbean neighborhood -- less than 100 feet from the subway and bus. Terrific staple piece neighborhood bar with full on-premises liquor license. Valid occupancy permits. Full sound-systems for live, electronic, reggae and rock music. Great foot traffic with revenue to match. Did I mention the outdoor space is uniquely designed with so much added style and grace. Best spot to have a glass of rum on the rocks with your significant other. This building also includes Two (3 bedroom units) which are currently occupied and producing cash flow, no current lease and can be delivered vacant. Don't hesitate to come by and check out this gorgeous cash cow with your own eyes.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Basement: Full, Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 843 sqft

    Property

    Features
    • Fencing: Fenced
    Lot
    • Size: 2,617 Square Feet
    • Features: Corner Lot, Near Public Transit
    Details
    • Parcel number: 051400021

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Store+Dwell
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,233/sqft
    • Tax assessed value: $1,240,000
    • Annual tax amount: $6,399
    • Tenant pays: Electricity, Cooking Gas

    Price history

    DateEventPrice
    3/11/2022Listing removed--
    Source: StreetEasy Report a problem
    10/21/2021Price change$1,300,000-7.1%$1,542/sqft
    Source: StreetEasy Report a problem
    8/14/2021Listed for sale$1,399,999+16.7%$1,661/sqft
    Source: StreetEasy Report a problem
    1/7/2021Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID Report a problem
    9/23/2020Price change$1,199,888-7.6%$1,423/sqft
    Source: Dexter A Laughton, REALTOR #3217987 Report a problem
    7/27/2020Price change$1,299,000-7.1%$1,541/sqft
    Source: Dexter A Laughton, REALTOR #3217987 Report a problem
    6/24/2020Price change$1,399,000-6.7%$1,660/sqft
    Source: Dexter A Laughton, REALTOR #3217987 Report a problem
    5/28/2020Listed for sale$1,499,888+188.4%$1,779/sqft
    Source: Dexter A Laughton, REALTOR #3217987 Report a problem
    5/26/2006Sold$520,000+181.1%$617/sqft
    Source: Public Record Report a problem
    4/22/1998Sold$185,000+158.7%$219/sqft
    Source: Public Record Report a problem
    3/2/1998Sold$71,500$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,399 +3.9%$74,400 +7.4%
    2024$6,157 $69,300 +4%
    2023-- $66,660 -7.3%
    2022-- $71,940 +10.6%
    2021-- $65,040 +4.8%
    2020$5,688 +5.2%$62,040 +15%
    2019$5,407 +2.9%$53,940 +114.7%
    2018$5,257 +3.8%$25,128 +1.2%
    2017$5,064 +9.1%$24,840 +4.7%
    2016$4,641 $23,736 +6%
    2015$4,641 +64.2%$22,394 +5.2%
    2014$2,826 $21,288
    Find assessor info on the county website

    Neighborhood: Flatbush

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Brooklyn 22

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.