NOT LISTED FOR SALE

557 Nostrand Ave Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $989,425

-- Bed
-- Bath
1,800 Sq Ft
$550/Sq Ft Est. Value

About This Home

As of March 2018

For Lease: Excellent Storefront location with basement and 10ft backyard.
High walk-in traffic. Two month's security deposit required. Commission paid by tenant.
Great for entrepreneurs. Near subway station, buses.

Last Agent to Rent the Property

Ricardo Cox

Exit All Seasons Realty Listed on: 01/10/2018

Home Details

Home Type

  • Single Family

Year Built

  • 1910

Lot Details

  • 1,950 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Property is zoned R6A

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • 110 Volts
  • Gas Available

Listing and Financial Details

  • Negotiable Lease Term
  • Tax Block 1201

Home Details

Home Type

Single Family

Year Built

1910

Lot Details

0

Rental Info

  • Lease Terms: Flexible

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1800
  • Building Length: 90.00
  • Building Width: 20.00
  • Co List Office Mls Id: 110140
  • Co List Office Phone: (718) 345-4545
  • Confirmed By M L S Y N: Yes
  • Cross Street: Atlantic Av
  • Cross Street Name2: Pacific St
  • Lease Options: Flexible
  • Negotiate Thru: Broker
  • Parking Feature Single: None
  • Potential Use: Retail
  • Property Sub Type: Store
  • Prop. Type: Rental
  • Fill Sq Ft Total: 1800
  • Building Stories: 1
  • Street Name I D X: Nostrand
  • Street Number I D X: 557
  • Special Features: None
  • Stories: 1
  • Year Built: 1910

Interior Features

  • Lot Sq Ft: 1950

Exterior Features

  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 3

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Utilities: Electric, Gas

Lot Info

  • Current Use: Retail
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R6A

Tax Info

  • Flip Tax Amount: 16360.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2011
Sold by
557 Nostrand Ave Management Corp and Kaufman %
Bought by
Nostrand 557 Management Inc
Current Estimated Value
$989,425

Purchase Details

Closed on
Sep 10, 2009
Sold by
Gellman Lance K and % Day Pitney Llp
Bought by
557 Nostrand Ave Management Corp

Purchase Details

Closed on
Nov 4, 2004
Sold by
John T Walsh Enterprises Llc
Bought by
557 Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2004
Sold by
Roache Esq Mootzie Michel
Bought by
John T Walsh Enterprises Llc
Source: Public Records

Range of Values:

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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 557 Management Inc -- --
557 Nostrand Ave Management Corp $520,000 --
557 Realty Corp $590,000 --
John T Walsh Enterprises Llc $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 557 Realty Corp $59,000
Previous Owner 557 Realty Corp $440,000
Previous Owner Hightower Callie $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2018 03/11/18 Rented $4,500 -- --
01/10/2018 01/10/18 Under Contract -- -- --
Source: Brooklyn Board of REALTORS®

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 $24,056 $434,700 $83,700 $351,000
2024 $24,056 $390,600 $83,700 $306,900
2023 $21,856 $428,850 $83,700 $345,150
2022 $20,184 $421,200 $83,700 $337,500
2021 $20,237 $337,050 $83,700 $253,350
2020 $9,640 $367,650 $83,700 $283,950
2019 $18,668 $371,700 $83,700 $288,000
2018 $17,432 $137,051 $33,943 $103,108
2017 $16,141 $126,902 $35,282 $91,620
2016 $16,360 $126,902 $37,348 $89,554
2015 $9,835 $122,965 $40,624 $82,341
2014 $9,835 $113,857 $44,867 $68,990
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Cox

    Landlord's Agent in 2018

    Ricardo Cox

    Exit All Seasons Realty

    (917) 740-1390

    5 Total Sales

    Ricardo Cox
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 417027

Brooklyn Board of REALTORS®

APN: 01201-0003

New York Kings County Brooklyn 11216 Crown Heights

557 Nostrand Ave, Brooklyn, NY

This home is located at 557 Nostrand Ave, Brooklyn, NY 11216 since 10 January 2018 and is currently priced at $989,425. This property was built in 1910. 557 Nostrand Ave is a home located in Kings County with nearby schools including Brooklyn Arts and Science Elementary School, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-op 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.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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