Check Availability
$4,900,000
↓ $1M (16.9%)
House - For Sale

1421-23 Nostrand Avenue

Flatbush, NY 11226
bedrooms
Studio
bathrooms
0 Bath
$24,731
Estimated Monthly
$0
HOA / Fees
0.44%
Cap Rate

About This Property

Presenting a prime mixed-use opportunity in a vibrant location! This corner building, perfectly situated on Nostrand Avenue, boasts a thriving meat market, "The Meat Place," in a spacious 3,900 sq. ft. storefront and 6 additional apartments , 6 fully rented. The business is being sold included in the price as well
Unit Size
-
Days on Market
143 days
Land Size
0.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
1930
Listed By
Johnson John
Douglas Elliman Real Estate
Last updated: 4 months ago (OneKey MLS #ONE3519903)

Price History

Date / Event Date Event Price
Jan 16, 2024 Price Decreased $4,900,000
↓ $1M (17%)
Price Decreased
Dec 6, 2023 Listed by North Star Homes Inc $5,900,000
Listed by North Star Homes Inc
Apr 19, 2022 Sold to Jamall 1 Corp $5,000,000
Sold to Jamall 1 Corp
Jan 17, 2021 No longer available -
No longer available
Nov 7, 2020 Relisted $4,700,000
Relisted
Show More

Property Highlights

Exterior Details

Property Information

Square Footage : 8700
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1930

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.05
Lot Size Square Feet: 2178
Lot Size Dimensions: 20x105
Financial Details
Tax Annual Amount: $8,053

Building Info

Overview

    General

  • Year Built: 1930
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 3
  • Residential Unit Count: 2
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 2,100
  • Lot Size Depth Feet: 105
  • Lot Size Frontage Feet: 20
  • Building Depth: 55
  • Building Frontage: 20
  • Gross Building Area: 3,300

    Building Floor Area

  • Residential Building Floor Area: 2,211
  • Commercial Building Floor Area: 1,089
  • Retail Building Floor Area: 1,089

    Floor Area Ratio

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

Building

  • Building Type: S2
  • Lot Type: 3
  • Land Use: 04
  • Irregular Lot Code: N
  • Extension Code: G

Neighborhood

  • Community District: 317
  • City Council District: 40
  • Police Precinct: 67
  • Fire Company: E248
  • Health Area: 5400
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6
  • Zoning Commercial Overlay 1: C1-3

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 4869
  • Lot: 12
  • Borough Block Lot: 3048690012

    Address

  • Full Address: 1421 Nostrand Avenue
  • Zip Code: 11226

Valuation

    Assessments Valuation

  • Assessed Total Value: $47,400
  • Assessed Land Value: $17,040

    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
-
-
$5,950,000 Feb 25, 2016
$5,950,000 Jun 23, 2017
-
House
5 Beds
5 Baths
-
$6,500,000 Oct 10, 2018
$6,500,000 Oct 5, 2021
-
Commercial
Loft
-
-
$6,000,000 Feb 22, 2023
-
$3,223/mo

About Central Brooklyn


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Frequently Asked Questions

When was property at 1421 Nostrand Avenue built and last sold?
The property at 1421 Nostrand Avenue was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1421 Nostrand Avenue is $4,949,000.
What are some comparable homes to 1421 Nostrand Avenue?
Homes that are comparable to 1421 Nostrand Avenue include a commercial property at 846 Flatbush Avenue, a townhouse property at 446 Coney Island Avenue, a house property at 104 Prospect Park West.

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