NOT LISTED FOR SALE

1071 Nostrand Ave Brooklyn, NY 11225

Prospect Lefferts Gardens Neighborhood

Estimated Value: $1,271,899

Studio
-- Bath
3,300 Sq Ft
$385/Sq Ft Est. Value

About This Home

This home is located at 1071 Nostrand Ave, Brooklyn, NY 11225 and is currently estimated at $1,271,899, approximately $385 per square foot. 1071 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
Mar 3, 2020
Sold by
Allen Derrick and Olive Annette
Bought by
1071 Nostrand Llc
Current Estimated Value
$1,271,899

Purchase Details

Closed on
Feb 12, 2002
Sold by
Richardson Homer W
Bought by
Allen Derrick and Olive Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 1996
Sold by
The City Of New York
Bought by
Richardson Homer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
1071 Nostrand Llc $1,100,000 --
Allen Derrick -- --
Richardson Homer M $90,000 Prestige Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Derrick $290,000
Previous Owner Richardson Homer M $85,000
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 $5,997 $125,100 $10,800 $114,300
2024 $5,997 $106,680 $10,800 $95,880
2023 $5,808 $113,940 $10,800 $103,140
2022 $5,640 $89,460 $10,800 $78,660
2021 $5,735 $80,580 $10,800 $69,780
2019 $5,205 $52,140 $10,800 $41,340
2018 $4,858 $23,832 $5,925 $17,907
2017 $4,799 $23,544 $6,278 $17,266
2016 $4,540 $22,711 $7,159 $15,552
2015 $2,679 $21,427 $8,103 $13,324
2014 $2,679 $20,736 $9,402 $11,334
Source: Public Records

Map

New York Kings County Brooklyn 11225 Prospect Lefferts Gardens

1071 Nostrand Ave, Brooklyn, NY

Not Listed for Sale

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