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Off market
  • Tax assessed value
    $811,000

    279 Nostrand Ave, Brooklyn, NY 11216

    6beds
    5,325sqft
    Apartment
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $152/sqft
    $7,793 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,793/mo

    Zestimate® history
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    $7,793/mo

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    $7,793/mo

    Rent Zestimate®

    Refinance and save

    $4,797/mo

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    $4,797/mo

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    What's special

    Bedford stuyvesant

    Introducing a Remarkable Investment Opportunity in Bedford Stuyvesant, Brooklyn! 279 Nostrand Avenue, a stunning 4-story brick corner lot, is now available for sale. This impressive property features three spacious 2-bedroom apartments, each spanning 1,100 square feet, along with two highly desirable commercial spaces. Currently, two of the three apartments are available without leases, allowing for potential flexibility and increased rental income. The top-floor 2-bedroom apartment is already rented for $3,500 per month, while the second floor is generating $2,500 per month. The first level of residential space is bringing in an additional $2,000 per month. In terms of commercial spaces, the first unit boasts a lease with four years remaining, securing a monthly income of $7,000. The second commercial space is newly leased, adding $5,000 to the monthly revenue. With this impressive combination, the total monthly income reaches an impressive $20,000. This property presents an excellent opportunity for investors seeking a prime location with significant rental potential. Don't miss out on the chance to acquire this lucrative asset in Bedford Stuyvesant, Brooklyn. Act now and take advantage of this exceptional investment opportunity! For further details or to schedule a viewing, please contact us today.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 3
    • 1/2 bathrooms: 3
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,325 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Lot
    • Size: 2,000 Square Feet
    Details
    • Parcel number: 017890001

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 1931

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $811,000
    • Annual tax amount: $11,599

    Price history

    DateEventPrice
    11/7/2023Listing removed--
    Source: StreetEasy Report a problem
    6/16/2023Price change$4,499,999-10%$845/sqft
    Source: StreetEasy Report a problem
    5/24/2023Listed for sale$4,999,000$939/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,599 +7.4%$364,950 +20%
    2024$10,795 $304,020 +20%
    2023-- $253,350 +20%
    2022-- $211,050 +6.4%
    2021-- $198,360 +3%
    2020$8,947 +18.5%$192,600 +7.4%
    2019$7,547 $179,280 +191.5%
    2018-- $61,499 +8%
    2017$7,243 +48%$56,945
    2016$4,895 $56,945 +3.2%
    2015$4,895 +170.8%$55,178 +8%
    2014$1,807 $51,091 +112.9%
    2001-- $24,000
    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating