--- title: "1637 Nostrand Avenue, New York City, NY 11226" description: "1637 Nostrand Avenue, New York City, NY 11226 — Multi Family Home in Flatbush, Brooklyn, NY. Listing Price $945,000. 12 bed, 6 bath, 5,400 sqft Illustrative Buyer Commission Share of $14,175 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/1637-nostrand-avenue-ny-11226" source: "Real Estate Rebate Team" dateModified: "2026-09-16T20:42:16.448Z" status: "Active" --- # 1637 Nostrand Avenue, New York City, NY 11226 Multi Family Home in Flatbush, Brooklyn, NY Courtesy of Compass Last updated: September 16, 2026, 4:42 PM ## At a Glance - **Listing Price**: $945,000 - **Beds**: 12 - **Baths**: 6 - **Sqft**: 5,400 - **Price per Sqft**: $175 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $945,000 - **Illustrative Buyer Commission Share**: -$14,175* - **Illustrative Net Cost**: $930,825 *Illustrative Buyer Savings of $14,175 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2f1d3a2d-8916-4fd9-b64a-dc8e46151b14.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa7ffeed-0ee0-4b3f-b91b-b6fdfb9ad77a.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c2c55bf7-ce65-4dcb-be03-0bdd65c69822.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c23f0167-ba7f-4dd5-952e-76c9c9a6dec5.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3447990e-c0b9-469a-8441-766cd8cfa528.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/216926f7-9fdc-4d58-bda0-91570e90cf7d.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ecb4ec30-c011-4dde-98fc-39e80de03ac6.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7fbfb85e-ed47-4629-8e01-3eea5e33f33c.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/afe3b519-ca19-447f-ae23-eb26efd0d758.jpg) ![1637 Nostrand Avenue, New York City, NY 11226 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/182ff5e0-4c9c-4b56-8799-1f67f51d322c.jpg) ## Property Overview 1637 Nostrand Ave, Brooklyn (East Flatbush) — 6-family walk-up, built 1931. 5,400 SF, six 2BR/1BA units. Rent-stabilized. $111,516 gross annual rent. Underwritten NOI $63,176 (6.7% cap at asking price). $158,167 per door. All-cash / low-leverage hold play. Steady, predictable income — 10-year horizon. ## Property Details - **Property Type**: Multi Family - **Beds**: 12 - **Baths**: 6 - **Rooms**: 30 - **Sqft**: 5,400 sqft - **Stories**: 4 - **Price per Sqft**: $175 - **Listed On**: Sep 16, 2026 - **Days on Market**: 1 Days ### Residence Features - See Remarks ## Estimated Monthly Payment **$4,778 / month**, assuming a 20% down payment ($189,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,778 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $945,000 - **Median sold price**: $1,024,500 - **Difference**: -$79,500 (-7.8%) - **This home, $/ft²**: $175 - **Median $/ft²**: $506 - **Comparable sales**: 8 - **Sales from**: December 2021 – June 2026 - **Middle half of those sales**: $930,000 – $1,283,750 Based on house sales in Flatbush. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Flatbush. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sale-to-list price**: 100.7% (5 sales) - **Sold below asking**: 0% (5 sales) - **Typical time to find a buyer**: 24 days (7 sales) - **Typical time to close**: 73 days (7 sales) Based on house sales in Flatbush with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through June 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 1637 Nostrand Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1637-nostrand-avenue) ## About The Building ### 1637 Nostrand Avenue 1637 Nostrand Avenue, Brooklyn, NY 11226 A building in the neighborhood, currently featuring 1 active listing. - **Active Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1637-nostrand-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/1637-nostrand-avenue-ny-11226) | 12 | 6 | 5,400 sqft | $175 | $945,000 | Compass | Sep 16, 2026 | 1 days | ## Flatbush Overview of Flatbush [Explore Flatbush](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Flatbush - [Kensington real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) - [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace) - [East Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) - [Midwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) ## Related Links - [1637 Nostrand Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1637-nostrand-avenue) - [Flatbush neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.