1074 Nostrand Ave Brooklyn, NY 11225
Prospect Lefferts Gardens NeighborhoodEstimated payment $12,788/month
Highlights
- Cooling Available
- Property is in excellent condition
- 2-minute walk to Sterling Street
About This Home
Welcome to 1074 Nostrand Avenue, a fully reimagined 20-foot-wide multifamily in the vibrant heart of Prospect Lefferts Gardens, Brooklyn.
Recently gut-renovated from top to bottom, this turn-key property offers six thoughtfully designed residences that blend style, comfort, and function-perfect for both savvy investors and discerning residents.
Unit Mix Includes:
One light-filled studio, ideal for efficient, contemporary living. Four chic one-bedroom apartments, each featuring modern kitchens, sleek baths, and inviting living spaces. One expansive two-bedroom home, with generous proportions and skylights that flood the space with natural light.
The renovation included significant updates throughout-with new plumbing and electrical systems, refreshed flooring, modern kitchens, and contemporary bathrooms-creating stylish, functional homes designed to meet the needs of today's renters.
Additional amenities include a clean, functional basement with dedicated tenant storage and bike storage, enhancing convenience and long-term tenant satisfaction.
Location is everything-and here, you're just moments from public transportation, Prospect Park, the Brooklyn Botanic Garden, the Brooklyn Museum, and an array of local dining and shopping destinations.
1074 Nostrand Avenue presents a rare chance to acquire a fully renovated, low-maintenance building with strong rental upside in one of Brooklyn's most desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,476
Year Built
- Built in 1925
Lot Details
- 1,720 Sq Ft Lot
- Lot Dimensions are 86.00x20.00
- Property is in excellent condition
Home Design
- Entry on the 1st floor
Interior Spaces
- 3-Story Property
- Washer Hookup
- Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Full Bathrooms
Utilities
- Cooling Available
Community Details
- 6 Units
- Prospect Lefferts G Subdivision
Listing and Financial Details
- Legal Lot and Block 0046 / 01329
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,484 | $120,300 | $14,640 | $105,660 |
| 2024 | $7,484 | $112,020 | $14,640 | $97,380 |
| 2023 | $7,139 | $107,700 | $14,640 | $93,060 |
| 2022 | $6,620 | $84,540 | $14,640 | $69,900 |
| 2021 | $6,585 | $74,760 | $14,640 | $60,120 |
| 2020 | $3,309 | $64,020 | $14,640 | $49,380 |
| 2019 | $6,495 | $55,680 | $14,640 | $41,040 |
| 2018 | $5,971 | $29,293 | $7,198 | $22,095 |
| 2017 | $5,634 | $27,636 | $7,282 | $20,354 |
| 2016 | $5,213 | $26,076 | $8,242 | $17,834 |
| 2015 | $3,144 | $26,076 | $9,895 | $16,181 |
| 2014 | $3,144 | $25,875 | $11,779 | $14,096 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Price Changed | $2,250,000 | -13.5% | -- |
| 03/21/2025 03/21/25 | For Sale | $2,600,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,300,000 | -- | |
| Deed | $565,000 | -- | |
| Deed | $565,000 | -- | |
| Deed | $485,000 | -- | |
| Deed | $485,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,404 | Commercial | |
| Previous Owner | $569,832 | Commercial | |
| Previous Owner | $569,832 | Commercial |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20011116
APN: 01329-0046
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RLS Data display by Homes.com LLC
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