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Off market
  • $2,712,600

    565 Nostrand Ave, Brooklyn, NY 11216

    4beds
    3,773sqft
    Townhouse
    Built in 1910
    1,933 Square Feet Lot
    $2,712,600 Zestimate®
    $719/sqft
    $7,343 Estimated rent

    Home value

    $2,712,600

    $2.25M - $3.28M

    $7,343/mo

    Zestimate® history
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    $7,343/mo

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    Rent Zestimate®

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    $13,096/mo

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    $13,096/mo

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    What's special

    Introducing 565 Nostrand Avenue, a mixed-use three story building nestled between Atlantic and Pacific Avenue in Crown Heights. This property has a 5.29% cap rate and features four residential apartments as well as a commercial space which is approximately 1,650 Sq Ft and comes with a full basement. All of the units are free market, occupied, and has major upside. The building is situated on a 19.33 Ft x 100 Ft lot, R6A C2-4 zoning (FAR 3.0), and there is over 2,000 Sq Ft of unused air rights. Incredible opportunity with excellent foot traffic along the busy dining and shopping district along Nostrand Avenue, with nearby transportation options around the corner such as the LIRR and the A/C trains

    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: 4
    • Bathrooms: 5
    • Full bathrooms: 5
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,773 sqft

    Property

    Lot
    • Size: 1,933 Square Feet
    Details
    • Parcel number: 012010078

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $719/sqft
    • Tax assessed value: $957,000
    • Annual tax amount: $23,243

    Price history

    DateEventPrice
    7/14/2021Sold$1,775,000-11.9%$470/sqft
    Source: Public Record Report a problem
    3/16/2020Listing removed$2,015,000$534/sqft
    Source: Douglas Elliman #4011402 Report a problem
    2/26/2020Price change$2,015,000-6.9%$534/sqft
    Source: Douglas Elliman #4011402 Report a problem
    1/30/2020Listed for sale$2,165,000-6.9%$574/sqft
    Source: Douglas Elliman #4011402 Report a problem
    12/26/2019Listing removed$2,325,000$616/sqft
    Source: Douglas Elliman #4011402 Report a problem
    12/20/2019Listed for sale$2,325,000$616/sqft
    Source: Douglas Elliman #4011402 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,243 +6.8%$430,650 +11.3%
    2024$21,756 $387,000 -12.3%
    2023-- $441,450 +9.5%
    2022-- $403,200 +25%
    2021-- $322,650 +15.6%
    2020$16,626 +8%$279,000 +7.3%
    2019$15,394 $260,100 +127.6%
    2018-- $114,281 +8%
    2017$13,459 -1.3%$105,817
    2016$13,632 $105,817 +3.2%
    2015$13,632 +66.2%$102,534 +8%
    2014$8,201 $94,940
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating