NOT LISTED FOR SALE

1062 Nostrand Ave Brooklyn, NY 11225

Prospect Lefferts Gardens Neighborhood

Estimated Value: $1,242,035

6 Beds
2 Baths
3,000 Sq Ft
$414/Sq Ft Est. Value

About This Home

This home is located at 1062 Nostrand Ave, Brooklyn, NY 11225 and is currently estimated at $1,242,035, approximately $414 per square foot. 1062 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 91 The Albany Avenue School, M.S. 61 Dr. Gladstone H. Atwell Middle School, and Brooklyn Ascend Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2025
Sold by
Chan Mang Kwan
Bought by
Tsang Benjamin and Tsang William
Current Estimated Value
$1,242,035

Purchase Details

Closed on
Jul 19, 2013
Sold by
Ali Muhammed
Bought by
1062 Nostrand Owners Llc

Purchase Details

Closed on
Oct 10, 2012
Sold by
Needle As Referee Sol Esq
Bought by
Ali Muhammed

Purchase Details

Closed on
Sep 14, 2007
Sold by
Castello Hailes M
Bought by
Mead Naraine A

Purchase Details

Closed on
Jan 5, 2007
Sold by
Tibert Roland
Bought by
Castello Hailes M

Purchase Details

Closed on
Sep 27, 2004
Sold by
Siddo Paul
Bought by
Tibert Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2001
Sold by
Ferguson Arlee
Bought by
Siddo Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,500
Interest Rate
7.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tsang Benjamin $800,000 --
1062 Nostrand Owners Llc $725,000 --
1062 Nostrand Owners Llc $725,000 --
Ali Muhammed $425,000 --
Ali Muhammed $425,000 --
Mead Naraine A -- --
Mead Naraine A -- --
Castello Hailes M -- --
Castello Hailes M -- --
Tibert Roland $550,000 --
Tibert Roland $550,000 --
Siddo Paul -- --
Siddo Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tibert Roland $55,000
Previous Owner Tibert Roland $440,000
Previous Owner Siddo Paul $239,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,666 $125,340 $14,640 $110,700
2024 $9,666 $121,140 $14,640 $106,500
2023 $9,220 $107,700 $14,640 $93,060
2022 $8,550 $84,540 $14,640 $69,900
2021 $8,503 $74,760 $14,640 $60,120
2020 $4,227 $61,200 $14,640 $46,560
2019 $8,399 $61,200 $14,640 $46,560
2018 $7,799 $38,257 $9,673 $28,584
2017 $7,435 $36,474 $9,888 $26,586
2016 $5,611 $28,066 $8,871 $19,195
2015 $3,385 $28,066 $10,650 $17,416
2014 $3,385 $27,852 $12,679 $15,173
Source: Public Records

Map

New York Kings County Brooklyn 11225 Prospect Lefferts Gardens

1062 Nostrand Ave, Brooklyn, NY

This home is located at 1062 Nostrand Ave, Brooklyn, NY 11225 and is currently estimated at $1,242,035, approximately $414 per square foot. 1062 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 91 The Albany Avenue School, M.S. 61 Dr. Gladstone H. Atwell Middle School, and Brooklyn Ascend Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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