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975 Nostrand Avenue, Brooklyn, NY 11225 Property Information

975 Nostrand Avenue, Brooklyn, NY 11225 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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975 Nostrand Avenue, Brooklyn, NY 11225 2
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Address

Primary address 975 Nostrand Avenue
Secondary address 969-983 Nostrand Ave
Neighborhood Crown Heights
Zip code 11225
Borough Brooklyn
Block & lot 01309-0006

Sales & Tax Overview for 975 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 08/25/2021
Purchase price $41,500,000
Tax class
Estimated property tax $2,131,838

Lot & Building Information for 975 Nostrand Avenue, Brooklyn

Lot sqft 61,621
Lot dimensions 239.92 ft x 187.5 ft
Building class Elevator Apartment - Fireproof with Stores (D6)
Building sqft 215,026
Building dimensions 239.9 ft x 234 ft
Buildings on lot 1
Stories 5
Year built 2023
Status
Status date
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Zoning & Use for 975 Nostrand Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 266
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 9
Closest police station 0.08 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 975 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 975 Nostrand Avenue, Brooklyn, NY 11225, 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 975 Nostrand Avenue, Brooklyn, NY 11225, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 969-983 Nostrand Ave, Brooklyn, NY 11225

About 975 Nostrand Avenue, Brooklyn

How many sq. ft. does 975 Nostrand Avenue, Brooklyn, NY 11225 have & what is the price per sq. ft?

This Elevator Apartment - Fireproof with Stores (D6) located at 975 Nostrand Avenue, Brooklyn, NY 11225 has a total of 215,026 square feet and a current price per square foot of $193.

What is the year built & the current market value of 975 Nostrand Avenue, Brooklyn, NY 11225?

975 Nostrand Avenue, Brooklyn, NY 11225 was built in 2023 and has a current tax assessor's market value of $30,864,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 975 Nostrand Avenue, Brooklyn

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Property owner name for 975 Nostrand Avenue, Brooklyn, NY 11225
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Building contacts for 975 Nostrand Avenue, Brooklyn, NY 11225
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 975 Nostrand Avenue, Brooklyn

Create a free account to view the complete sales history for 975 Nostrand Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/25/2021 $41,500,000
11/12/2015 $2,215,038
11/12/2015 $1,866,125
       
       
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*Here are the three most recent sales for this property.

Title Documents for 975 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
03/27/2024 - R Initial UCC1
(2024032500735005)
03/19/2024 - D
03/27/2024 - R
Mortgage
(2024032500735004)
03/19/2024 - D
03/27/2024 - R
Mortgage
(2024032500735003)
03/19/2024 - D
03/27/2024 - R
Mortgage
(2024032500735002)
03/19/2024 - D
03/27/2024 - R
Assignment, Mortgage
(2024032500735001)
03/19/2024 - D
03/26/2024 - R
Both RPTT and RETT
(2024032500696001)
01/24/2024 - D
01/31/2024 - R
Declaration
(2024012600541001)
01/09/2024 - D
01/11/2024 - R
Certificate
(2024010900362001)
11/30/2023 - D
01/05/2024 - R
Both RPTT and RETT
(2024010300191001)
10/12/2023 - D
10/19/2023 - R
Easement
(2023101700761001)
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R: Recorded date
D: Document date

Property Taxes for 975 Nostrand Avenue, Brooklyn

Access detailed property tax data for 975 Nostrand Avenue, Brooklyn, NY 11225. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $1,493,068
Estimated property tax: $2,131,838
Tax assessor's market value: $30,864,000
Assessed value: $13,888,800

Assessment History for 975 Nostrand Avenue, Brooklyn

Here's the assessment & property tax history for 975 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 $30,864,000 $13,888,800 $12,003,120 12.439% $1,493,068 $1,493,068 +2772.67%
2024/25 $924,000 $415,800 $415,800 12.5% $51,975 $51,975 +18.01%
2023/24 $924,000 $415,800 $415,800 10.592% $44,042 $44,042 -60.80%
2022/23 $3,315,000 $1,491,750 $1,055,340 10.646% $112,351 $112,351 +17.19%
2021/22 $1,981,000 $891,450 $891,450 10.755% $95,875 $95,875 -6.92%

Permits for 975 Nostrand Avenue, Brooklyn

The complete history of permits filed for 975 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
03/27/2026 New building
03/24/2026 New building
03/24/2026 New building
01/22/2026 Subdivision: condo
12/24/2025 New building
09/30/2025 New building
09/09/2025 Alteration
08/21/2025 Alteration
06/05/2025 New building
06/03/2025 New building
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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
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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 & Sterling St at NE Corner
Station lines 2-5
Distance (miles) 0.098
View subway map
Bus Routes
Name Empire Bl/Nostrand Av
Line B43
Distance (miles) 0.055

Neighbors for 975 Nostrand Avenue, Brooklyn

Here are the neighbors for 975 Nostrand Avenue, Brooklyn, NY 11225.

Address Square feet Purchase date Purchase price
967 Nostrand Ave, Brooklyn 04/18/1986
454 Montgomery St, Brooklyn 4,100 08/22/1996
488 Montgomery St, Brooklyn 3,840 05/07/2024
269 Empire Blvd, Brooklyn 2,240 11/20/2018
271 Empire Blvd, Brooklyn 2,240 11/25/2023
444 Montgomery St, Brooklyn 4,100 05/10/2002
470 Montgomery St, Brooklyn 52,204 09/26/2011 $4,299,998
985 Nostrand Ave, Brooklyn 24,300 12/31/2021
450 Montgomery St, Brooklyn 4,100 09/12/1996
273 Empire Blvd, Brooklyn 2,240 09/24/2015 $850,000
265 Empire Blvd, Brooklyn 2,486 05/24/2001
277 Empire Blvd, Brooklyn 2,240 08/30/2018 $1,250,000
48 Clove Rd, Brooklyn 3,366 12/17/2025
267 Empire Blvd, Brooklyn 2,240 11/10/2021
275 Empire Blvd, Brooklyn 2,240 11/11/2010
456 Montgomery St, Brooklyn 4,100 07/02/2004
482 Montgomery St, Brooklyn 3,840 09/28/2023
279 Empire Blvd, Brooklyn 2,045 09/24/2021 $1,402,500
281 Empire Blvd, Brooklyn 2,240 09/09/2015 $1,260,000
448 Montgomery St, Brooklyn 4,100
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