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702 Nostrand Avenue, Brooklyn, NY 11216 Property Information

702 Nostrand Avenue, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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702 Nostrand Avenue, Brooklyn, NY 11216 1
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Address

Primary address 702 Nostrand Avenue
Neighborhood Crown Heights
Zip code 11216
Borough Brooklyn
Block & lot 01226-0045

Sales & Tax Overview for 702 Nostrand Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/29/2016
Purchase price $1,150,000
Tax class
Estimated property tax $15,474

Lot & Building Information for 702 Nostrand Avenue, Brooklyn

Lot sq. ft. 1,650
Lot dimensions 16.5 ft x 100 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 2,211
Building dimensions 16.5 ft x 60 ft
Buildings on lot 1
Stories 2
Year built 1910
Construction type
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Zoning & Use for 702 Nostrand Avenue, Brooklyn

Zoning
Residential units (DOF) 1
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.69 Miles
Closest fire station 0.58 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 702 Nostrand Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 702 Nostrand Avenue, Brooklyn, NY 11216, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 702 Nostrand Avenue, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 702 Nostrand Avenue, Brooklyn

How many sq. ft. does 702 Nostrand Avenue, Brooklyn, NY 11216 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 702 Nostrand Avenue, Brooklyn, NY 11216 has a total of 2,211 square feet and a current price per square foot of $520.

What is the year built & the current market value of 702 Nostrand Avenue, Brooklyn, NY 11216?

702 Nostrand Avenue, Brooklyn, NY 11216 was built in 1910 and has a current tax assessor's market value of $317,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 702 Nostrand Avenue, Brooklyn

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Property owner name for 702 Nostrand Avenue, Brooklyn, NY 11216
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Building contacts for 702 Nostrand Avenue, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 702 Nostrand Avenue, Brooklyn

Create a free account to view the complete sales history for 702 Nostrand Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/29/2016 $1,150,000
03/19/2015 $700,000
12/15/2004 $243,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 702 Nostrand Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
08/24/2020 - D
08/26/2020 - R
Certificate
(2020082500937001)
04/17/2020 - D
06/10/2020 - R
Easement
(2020051800434001)
02/17/2017 - D
02/22/2017 - R
Certificate
(2017022100468001)
02/14/2017 - D
02/22/2017 - R
Zoning Lot Description
(2017022100468002)
08/18/2016 - R UCC3 Termination
(2016081500044003)
08/01/2016 - D
08/18/2016 - R
Termination of Assign of L&R
(2016081500044002)
08/01/2016 - D
08/18/2016 - R
Satisfaction of Mortgage
(2016081500044001)
06/29/2016 - D
07/18/2016 - R
Deed
(2016071300206001)
12/08/2015 - D
01/04/2016 - R
Satisfaction of Mortgage
(2015121000058001)
11/20/2015 - R Initial UCC1
(2015111600447003)
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R: Recorded date
D: Document date

Property Taxes for 702 Nostrand Avenue, Brooklyn

Access detailed property tax data for 702 Nostrand Avenue, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $15,475
Estimated property tax: $15,474
Tax assessor's market value: $317,000
Assessed value: $142,650

Assessment History for 702 Nostrand Avenue, Brooklyn

Here's the assessment & property tax history for 702 Nostrand Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $317,000 $142,650 $142,650 10.848% $15,475 $15,475 +4.42%
2024/25 $306,000 $137,700 $137,700 10.762% $14,819 $14,819 -4.63%
2023/24 $326,000 $146,700 $146,700 10.592% $15,538 $15,538 -2.01%
2022/23 $331,000 $148,950 $148,950 10.646% $15,857 $15,857 -6.16%
2021/22 $363,000 $163,350 $157,123 10.755% $16,899 $16,899 +59.47%

Permits for 702 Nostrand Avenue, Brooklyn

The complete history of permits filed for 702 Nostrand Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
06/18/2019 Alteration
02/27/2017 Alteration type 3
01/09/2017 Alteration type 1
12/22/2016 Alteration type 1
07/19/2005 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Eastern Pkwy at SW Corner
Station lines 3
Distance (miles) 0.343
View subway map
Bus Routes
Name Nostrand Av/Prospect Pl
Line B44
Distance (miles) 0.022

Neighbors for 702 Nostrand Avenue, Brooklyn

Here are the neighbors for 702 Nostrand Avenue, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
704 Nostrand Ave, Brooklyn 2,211 01/13/2017 $990,000
706 Nostrand Ave, Brooklyn 4,200 12/28/1984
700 St Marks Ave, Brooklyn 3,060 03/27/2012 $406,000
692 St Marks Ave, Brooklyn 3,884 02/11/2015 $1,000,000
777 Prospect Pl, Brooklyn 3,224 01/16/2026 $1,364,455
749 Prospect Pl, Brooklyn 5,500 09/10/2020
696 St Marks Ave, Brooklyn 3,692 03/23/2005
755 Prospect Pl, Brooklyn 5,322 06/16/1995
702 St Marks Ave, Brooklyn 4,292 02/26/2021
698 St Marks Ave, Brooklyn 4,376 02/18/2026 $2,475,000
700 Nostrand Ave, Brooklyn 2,250 11/13/1992
688 St Marks Ave, Brooklyn 5,432 01/31/2018 $2,900,000
773 Prospect Pl, Brooklyn 3,224 01/12/1978
767 Prospect Pl, Brooklyn 40,144 11/09/2005 $3,150,000
690 St Marks Ave, Brooklyn 4,032 03/31/2004 $400,000
710 Nostrand Ave, Brooklyn 5,400 05/21/2002
775 Prospect Pl, Brooklyn 3,242 08/17/2011 $434,900
684 Nostrand Ave, Brooklyn 12,900 02/16/2024
783 Prospect Pl, Brooklyn 3,292 04/15/2016 $2,000,000
694 St Marks Ave, Brooklyn 3,420 01/20/2023
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