FOR SALE – 1699 Nostrand Avenue, Brooklyn, NY 11226
Excellent investment opportunity in a prime Brooklyn location!
This well-maintained, 3-story mixed-use property offers approximately 3,420 sq. ft. of space with strong income potential.
Property Highlights:
* Approx. $10,000/month rental income
* 3 gas meters
* 3 separate electric meters
* Gas heating
* 1-car garage
* Garage offers additional potential for commercial use
* Potential to build up / add additional floors — buyer should consult with their architect or engineer to confirm allowable development, zoning, FAR, structural feasibility, and required approvals
* Well maintained throughout
* Approximately $8,864 annual property taxes
* Excellent opportunity for an investor, developer, or owner-user
Conveniently located on busy Nostrand Avenue with access to shopping, transportation, restaurants, and neighborhood amenities.
Great income-producing property with additional development and upside potential. Serious inquiries only.
For sale by owner
$2,200,000
1699 Nostrand Ave, Brooklyn, NY 11226
5beds
3,420sqft
Unknown
Built in 1930
-- sqft lot
$-- Zestimate®
$643/sqft
$-- HOA
What's special
Gas heating
- 22 days
- 366
- 19
Listed by:
Property Owner (646) 991-8817
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 3,420 sqft
Property
Parking
- Total spaces: 1
Features
- Exterior features: Brick
Lot
- Size: 1,880 Square Feet
Details
- Parcel number: 049300064
Construction
Type & style
- Home type: Unknown
Condition
- New construction: No
- Year built: 1930
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $643/sqft
- Tax assessed value: $1,043,000
- Annual tax amount: $8,864
- Date on market: 8/17/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $2,200,000+279.3%$643/sqft |
Source: Owner Report a problem | ||
| 2/23/2010 | Sold | $580,000$170/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,864 +0.8% | $62,580 +2.6% |
| 2024 | $8,798 | $61,020 -5.4% |
| 2023 | -- | $64,500 +17.2% |
| 2022 | -- | $55,020 +11% |
| 2021 | -- | $49,560 -4.3% |
| 2020 | $7,879 +2% | $51,780 -5% |
| 2019 | $7,727 +1.2% | $54,480 +49.2% |
| 2018 | $7,636 +7.5% | $36,504 +4.7% |
| 2017 | $7,105 +10.5% | $34,853 +6% |
| 2016 | $6,430 | $32,881 +6% |
| 2015 | $6,430 +33.2% | $31,020 +2% |
| 2014 | $4,825 | $30,420 |
Find assessor info on the county website






