New York City  »  11225  »  Nostrand Ave  »  1040 Nostrand Ave

1040 Nostrand Avenue, Brooklyn, NY 11225 - Property report

Also known as: 1040 Nostrand Ave

Property image for 1040 Nostrand Avenue, Brooklyn, NY 11225
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Property type

Primarily Two Family with One Store or Office (S2)

Year built

1925

Lot sq. ft.

917

General information

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Address
Primary address
1040 Nostrand Avenue
ZIP code
11225
Neighborhood
Prospect - Lefferts Gardens
Borough
Brooklyn
Block & lot
01320-0042

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
1,890
Building dimensions
21 ft x 30 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Tax
Tax year
2026-2027
Property tax
$3,166
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
2
Residential sq. ft.
Commercial units
1
Retail sq. ft.
Lot
Lot dimensions
21 ft x 43.67 ft
Lot sq. ft.
917

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.18 Miles
Closest fire station
0.20 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 1040 Nostrand Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1040 Nostrand Avenue, Brooklyn, NY 11225

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/19/2017 - R
12/06/2016 - D		 Assignment of Leases and Rents
(2017012301720002)		 XXXXX XXX XXX XXXXXX XXXXX XXXX XXX
06/19/2017 - R
12/06/2016 - D		 Mortgage
(2017012301720001)		 XXXXX XXX XXX XXXXXX XXXXX XXXX XXX
02/03/2016 - R
01/21/2016 - D		 Termination of Assign of L&R
(2016012500892001)		 XXXXX XXXXXXXXX XXXXXXXXXXXXX XXXXX XXXXX XXX XXXXXXXXXX XXXXXXXX XXXXXXX XXX
02/03/2016 - R
01/21/2016 - D		 Satisfaction of Mortgage
(2016012500496001)		 XXXXX XXXXXXXXX XXXXXX XXXXXXXXX XXXXX XXX XXXXXXX XXX X X
01/05/2016 - R Initial UCC1
(2015122400245003)		 XXXXX XXX XXXX XXXXXXX XXXXXXX XXXXXX XXXXX
01/05/2016 - R
12/23/2015 - D		 Mortgage
(2015122400245002)		 XXXXX XXX XXXX XXXXXXX XXXXXXX XXXXXX XXXXX
01/05/2016 - R
12/23/2015 - D		 Deed
(2015122400245001)		 XXXXX XXX XXXXX XXX
08/20/2012 - R
08/08/2012 - D		 Tax Lien Sale Certificate
(2012081900048001)		 XXXX XX XXX XXXX XXXX XX XXX XXXX
03/09/2006 - R
01/20/2006 - D		 Assignment of Leases and Rents
(2006022800062004)		 XXXXXXXXX XXXXX XXXXXXXXXX XXXXXXXX XXXXXXX XXX
03/09/2006 - R
01/20/2006 - D		 Agreement
(2006022800062003)		 XXXXXXXXX XXXXX XXXXXXXXXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1040 Nostrand Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$3,166
Municipal exemptions
Recent tax assessments
Market value
$1,654,000
Assessed value
$99,240

More about New York City Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,598,000 $95,880 $15,054 19.843% $2,987 $2,987 +1.50%
2024/25 $1,303,000 $78,180 $14,653 20.085% $2,943 $2,943 +6.00%
2023/24 $1,152,000 $69,120 $13,824 20.085% $2,777 $2,777 +0.15%
2022/23 $904,000 $54,240 $13,651 20.309% $2,772 $2,772 +4.46%
2021/22 $774,000 $46,440 $13,296 19.963% $2,654 $2,654 +0.53%
2020/21 $490,000 $29,400 $12,545 21.045% $2,640 $2,640 +2.14%
2019/20 $426,000 $25,560 $12,211 21.167% $2,585 $2,585 +7.25%
2018/19 $355,000 $21,300 $11,520 20.919% $2,410 $2,410 +3.92%
2017/18 $331,000 $19,860 $11,376 20.385% $2,319 $2,319 +4.70%
2016/17 $276,000 $16,560 $11,080 19.991% $2,215 $2,215 +8.36%
Permits

Permit information for 1040 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/27/2017 Alteration type 2
06/09/2016 Alteration type 2
05/06/2016 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/07/2000 Ll6291-local law 62/91 - boilers
03/16/1999 Ll6291-local law 62/91 - boilers
05/04/1998 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Nostrand Ave & Sterling St at NW Corner
Station lines
2-5
Distance (miles)
0.03
View subway map

Access the detailed traffic volume map for 1040 Nostrand Avenue, Brooklyn, NY 11225 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 1040 Nostrand Avenue, Brooklyn, NY

305 Lefferts Ave, Brooklyn 300 Sterling St, Brooklyn 296 Sterling St, Brooklyn 309 Lefferts Ave, Brooklyn 284 Sterling St, Brooklyn 282 Sterling St, Brooklyn 1046 Nostrand Ave, Brooklyn 290 Sterling St, Brooklyn 1050 Nostrand Ave, Brooklyn 1034 Nostrand Ave, Brooklyn 292 Sterling St, Brooklyn 301 Lefferts Ave, Brooklyn 307 Lefferts Ave, Brooklyn 294 Sterling St, Brooklyn 1048 Nostrand Ave, Brooklyn 1056 Nostrand Ave, Brooklyn 1042 Nostrand Ave, Brooklyn 1052 Nostrand Ave, Brooklyn 1038 Nostrand Ave, Brooklyn 288 Sterling St, Brooklyn

Nearby ZIP codes for 1040 Nostrand Avenue, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11226, New York City, NY 11230, New York City, NY 11231, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1040 Nostrand Avenue, Brooklyn, NY 11225?

The development at 1040 Nostrand Avenue, Brooklyn, NY 11225 was built in 1925.

What is the market value of 1040 Nostrand Avenue, Brooklyn, NY 11225?

The current market value of 1040 Nostrand Avenue, Brooklyn, NY 11225 is $1,654,000.

What is the total square footage of 1040 Nostrand Avenue, Brooklyn, NY 11225?

1040 Nostrand Avenue, Brooklyn, NY 11225 has a total of 1,890 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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