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 25 × 100 ft lots, each building provides a 25 × 65 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.
32-34 Nostrand Avenue, Brooklyn, NY 11205, is a Mixed Use built in 1931.
This property is currently available for sale and was listed on OneKey® MLS on 12-9-2025.
The MLS# for this Mixed Use is MLS# 942170.
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