See Home Value
$1,450,000
Commercial - Off Market

1250 Nostrand Avenue

Prospect Lefferts Gardens, NY 11225
bedrooms
Studio
bathrooms
0 Bath
$7,848
Estimated Monthly
$0
HOA / Fees
0.41%
Cap Rate

About This Property

A premier mixed-use property that combines prime commercial space with residential units. This property is located in the heart of Brooklyn's most vibrant neighborhood, and offers a rare opportunity to own a piece of this thriving real estate market,R6 zoning, C2-3, LOT 20 ft x 92.5 ft. 1F Restaurant is collecting rent 4800/Month. Public transportation options, including subway and bus lines, are just steps away, making it easy to get anywhere , Whether you're looking to invest in a prime commercial space or to live in one of Brooklyn's most sought-after neighborhoods, it is your best opportunity to choose.
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$727
HOA Dues
-
Year Built
1910
Last updated: 2 months ago (OneKey MLS #ONE3508065)

Price History

Date / Event Date Event Price
Mar 14, 2024 Withdrawn -
Withdrawn
Oct 3, 2023 Listed by Prospes Real Estate Corp $1,450,000
Listed by Prospes Real Estate Corp
Feb 12, 2010 Sold to Shu Zhen Huang, Chao Lam $740,000
Sold to Shu Zhen Huang, Chao Lam

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 1,850
  • Lot Size Depth Feet: 93
  • Lot Size Frontage Feet: 20
  • Building Depth: 90
  • Building Frontage: 20
  • Gross Building Area: 2,600

    Building Floor Area

  • Commercial Building Floor Area: 2,600
  • Retail Building Floor Area: 1,800
  • Other Building Floor Area: 800

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: K4
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: E

Neighborhood

  • Community District: 309
  • City Council District: 40
  • Police Precinct: 71
  • Fire Company: L113
  • Health Area: 5400
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6
  • Zoning Commercial Overlay 1: C2-3

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5050
  • Lot: 50
  • Borough Block Lot: 3050500050

    Address

  • Full Address: 1250 Nostrand Avenue
  • Zip Code: 11225

Valuation

    Assessments Valuation

  • Assessed Total Value: $63,450
  • Assessed Land Value: $41,850

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$1,520,000 Oct 18, 2014
$1,520,000 Feb 3, 2015
-
Townhouse
Stu
-
-
$1,550,000 Nov 5, 2014
$1,550,000 Feb 11, 2015
-
Townhouse
Stu
-
-
$1,339,000 Feb 24, 2016
$1,339,000 Nov 9, 2016
-
Townhouse
Stu
-
-
$1,600,000 Nov 5, 2014
$1,600,000 Jan 16, 2015
-
Townhouse
Stu
-
-
$1,650,000 Nov 7, 2014
$1,650,000 Mar 13, 2015
-
Townhouse
Stu
-
-
$1,655,000 May 6, 2016
$1,655,000 Aug 9, 2016
-
Other
Loft
-
3,558 ft²
$435/ft²
$1,549,000 Apr 29, 2023
-
$1,110/mo
Condo
3 Beds
2 Baths
-
$1,450,000 Sep 19, 2023
-
$1,691/mo
Condo
3 Beds
2 Baths
-
$1,395,000 Jun 16, 2023
-
$1,691/mo
Triplex
6 Beds
1.5 Baths
2,300 ft²
$609/ft²
$1,400,000 Dec 11, 2022
-
-
House
3 Beds
1 Bath
-
$1,399,000 Dec 8, 2022
-
$374/mo
Multifamily
5 Beds
2 Baths
-
$1,500,000 Oct 2, 2023
-
-

About Central Brooklyn


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Frequently Asked Questions

When was property at 1250 Nostrand Avenue built and last sold?
The property at 1250 Nostrand Avenue was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1250 Nostrand Avenue is $1,464,500.
What are some comparable homes to 1250 Nostrand Avenue?
Homes that are comparable to 1250 Nostrand Avenue include a other property at 481 Rogers Avenue, a condo property at 237 Rutland Road, a triplex property at 302 Fenimore Street.

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