NOT LISTED FOR SALE

1640 Nostrand Ave Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $1,230,878

-- Bed
-- Bath
3,120 Sq Ft
$395/Sq Ft Est. Value

About This Home

This home is located at 1640 Nostrand Ave, Brooklyn, NY 11226 and is currently estimated at $1,230,878, approximately $394 per square foot. 1640 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 399 Stanley Eugene Clarke, Middle School 246 Walt Whitman, and Central Brooklyn Ascend Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Gooden Novlette and Lennox Daniel
Bought by
Nostrand Suites Llc
Current Estimated Value
$1,230,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,093,788
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,503

Purchase Details

Closed on
Apr 13, 2006
Sold by
Chedda Claude and Ricketts Ludlow
Bought by
Gooden Novlette and Lennox Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 1999
Sold by
Chedda Claude
Bought by
Ricketts Ludlow and Chedda Claude

Purchase Details

Closed on
Mar 4, 1998
Sold by
Collins Fay
Bought by
Chedda Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 1998
Sold by
Collins Fay
Bought by
Budget Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
7.11%
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
Nostrand Suites Llc $1,200,000 --
Nostrand Suites Llc $1,200,000 --
Gooden Novlette $520,000 --
Chedda Claude $19,000 --
Gooden Novlette $520,000 --
Chedda Claude $19,000 --
Ricketts Ludlow $5,000 --
Ricketts Ludlow -- --
Chedda Claude $185,000 First American Title Ins Co
Chedda Claude $185,000 First American Title Ins Co
Budget Construction Inc $71,500 --
Budget Construction Inc $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nostrand Suites Llc $584,200
Open Nostrand Suites Llc $1,120,000
Closed Nostrand Suites Llc $1,052,000
Closed Nostrand Suites Llc $1,120,000
Previous Owner Gooden Novlette $390,000
Previous Owner Chedda Claude $180,000
Previous Owner Chedda Claude $130,000
Previous Owner Chedda Claude $120,250
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 $6,157 $74,400 $11,460 $62,940
2024 $6,157 $69,300 $11,460 $57,840
2023 $6,124 $66,660 $11,460 $55,200
2022 $5,951 $71,940 $11,460 $60,480
2021 $5,994 $65,040 $11,460 $53,580
2020 $2,811 $62,040 $11,460 $50,580
2019 $5,344 $53,940 $11,460 $42,480
2018 $5,122 $25,128 $6,408 $18,720
2017 $5,064 $24,840 $6,787 $18,053
2016 $4,745 $23,736 $7,607 $16,129
2015 $2,826 $22,394 $8,606 $13,788
2014 $2,826 $21,288 $9,704 $11,584
Source: Public Records

Map

New York Kings County Brooklyn 11226 Flatbush

1640 Nostrand Ave, Brooklyn, NY

This home is located at 1640 Nostrand Ave, Brooklyn, NY 11226 and is currently estimated at $1,230,878, approximately $394 per square foot. 1640 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 399 Stanley Eugene Clarke, Middle School 246 Walt Whitman, and Central Brooklyn Ascend Charter.

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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