NOT LISTED FOR SALE

877 Nostrand Ave Crown Heights, NY 11225

Crown Heights Neighborhood

Estimated Value: $1,190,499

-- Bed
-- Bath
2,763 Sq Ft
$431/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $1,100,000 $398 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,769/month

Highlights

  • Wood Flooring
  • 1-minute walk to President Street
  • Back Yard
  • Baseboard Heating
  • Heating System Uses Steam
  • 4-minute walk to Dodger Playground

About This Home

As of November 2021

LARGE CROWN HEIGHTS MIXED USE BUILDING FEATURES:
TWO BEDROOM APARTMENT WITH SEMI ROOF DECK OVER A LARGE EXTENDED COMMERCIAL SPACE, BACKYARD, SEMI FINISHED BASEMENT WITH SOLID FOUNDATION. LOCATED ACROSS THE STREET FROM MEDGAR EVARS COLLEGE. CLOSE TO #2 & #5 SUBWAY LINES, CLOSE TO SHOPPING AREA, JUST MINUTES FROM MANHATTAN. WILL BE DELIVERED VACANT!!!

Last Agent to Sell the Property

Mike Alexander

Paragon Real Estate Listed on: 09/16/2021

Last Buyer's Agent

Mike Alexander

Paragon Real Estate Listed on: 09/16/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,186

Lot Details

  • 1,842 Sq Ft Lot
  • Lot Dimensions are 100 x 18
  • Back Yard
  • Property is zoned R6

Home Design

  • 2,763 Sq Ft Home
  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Partially Finished Basement

Community Details

  • Fuel Expense $2,000
  • Insurance Expense $3,100
  • Utility Expense $1,800

Listing and Financial Details

  • Tax Block 1290

Property Details

Property Type

Other

Est. Annual Taxes

$13,186

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 900
  • Building Length: 50.00
  • Building Width: 18.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Crown St
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard, Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2763
  • Street Name I D X: Nostrand
  • Street Number I D X: 877
  • Waterfront Present: No
  • Special Features: None

Interior Features

  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 1842

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 8
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 18
  • Zoning: R6

Multi Family

  • Insurance Expense: 3100.00
  • Unit Count: 2
  • Annual Utility Expenses: 1800.00

Tax Info

  • Flip Tax Amount: 13186.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 4, 2021
Sold by
Thomas Victor
Bought by
1360 Ms Realty Llc
Seller's Agent
Mike Alexander
Paragon Real Estate
Buyer's Agent
Mike Alexander
Paragon Real Estate
Sold Price
$1,100,000
Current Estimated Value
$1,190,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,499
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Jun 1, 2006
Sold by
Thomas Betty and Thomas Victor
Bought by
Thomas Victor

Purchase Details

Closed on
Dec 6, 1996
Sold by
Espino Liduvina
Bought by
Thomas Victor and Thomas Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
1360 Ms Realty Llc $1,100,000 --
1360 Ms Realty Llc $1,100,000 --
Thomas Victor -- --
Thomas Victor -- --
Thomas Victor $170,000 Commonwealth Land Title Ins
Thomas Victor $170,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Victor $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $1,100,000 -- $398 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
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 $15,386 $168,300 $20,700 $147,600
2024 $15,386 $152,100 $20,700 $131,400
2023 $15,426 $144,900 $20,700 $124,200
2022 $14,906 $138,600 $20,700 $117,900
2021 $13,186 $123,300 $20,700 $102,600
2020 $305 $167,400 $20,700 $146,700
2019 $16,077 $170,100 $20,700 $149,400
2018 $14,402 $170,550 $20,700 $149,850
2017 $12,751 $165,150 $20,700 $144,450
2016 $11,196 $159,750 $20,700 $139,050
2015 $6,058 $99,000 $20,700 $78,300
2014 $6,058 $90,450 $20,700 $69,750
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Alexander

    Paragon Real Estate

    (646) 739-8769

    1 in this area

    4 Total Sales

    Mike Alexander
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 455627

Brooklyn Board of REALTORS®

APN: 01290-0008

New York Kings County Crown Heights 11225 Crown Heights

877 Nostrand Ave, Crown Heights, NY

This home is located at 877 Nostrand Ave, Crown Heights, NY 11225 since 16 September 2021 and is currently estimated at $1,190,499, approximately $430 per square foot. 877 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 161 - The Crown School, M.S. 61 Dr. Gladstone H. Atwell Middle School, and Success Academy Crown Heights.

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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