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40 Nostrand Avenue, Brooklyn, NY 11205 Property Information

40 Nostrand Avenue, Brooklyn, NY 11205 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 Nostrand Avenue, Brooklyn, NY 11205 1
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Address

Primary address 40 Nostrand Avenue
Neighborhood Bedford-Stuyvesant
Zip code 11205
Borough Brooklyn
Block & lot 01718-0047

Sales & Tax Overview for 40 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 10/15/2018
Purchase price $2,000,000
Tax class
Estimated property tax $15,219

Lot & Building Information for 40 Nostrand Avenue, Brooklyn

Lot sqft 2,918
Lot dimensions 32.42 ft x 90 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 8,384
Building dimensions 32.25 ft x 65 ft
Buildings on lot 1
Stories 4
Year built 1931
Construction type
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Zoning & Use for 40 Nostrand Avenue, Brooklyn

Zoning
Residential units (DOF) 4
Regulated units
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 3
Closest police station 0.68 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 40 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 40 Nostrand Avenue, Brooklyn, NY 11205, 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 40 Nostrand Avenue, Brooklyn, NY 11205, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 40 Nostrand Avenue, Brooklyn

How many sq. ft. does 40 Nostrand Avenue, Brooklyn, NY 11205 have & what is the price per sq. ft?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 40 Nostrand Avenue, Brooklyn, NY 11205 has a total of 8,384 square feet and a current price per square foot of $238.

What is the year built & the current market value of 40 Nostrand Avenue, Brooklyn, NY 11205?

40 Nostrand Avenue, Brooklyn, NY 11205 was built in 1931 and has a current tax assessor's market value of $1,297,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 40 Nostrand Avenue, Brooklyn

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Property owner name for 40 Nostrand Avenue, Brooklyn, NY 11205
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Building contacts for 40 Nostrand Avenue, Brooklyn, NY 11205
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 40 Nostrand Avenue, Brooklyn

Create a free account to view the complete sales history for 40 Nostrand Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/15/2018 $2,000,000

Title Documents for 40 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
11/30/2023 - R Initial UCC1
(2023112900414003)
10/20/2023 - D
11/30/2023 - R
Assignment of Leases and Rents
(2023112900414002)
10/20/2023 - D
11/30/2023 - R
Agreement
(2023112900414001)
10/25/2018 - R Initial UCC1
(2018102400783008)
10/25/2018 - R UCC3 Termination
(2018102400783007)
10/15/2018 - D
10/25/2018 - R
Termination of Assign of L&R
(2018102400783006)
10/15/2018 - D
10/25/2018 - R
Assignment of Leases and Rents
(2018102400783005)
10/15/2018 - D
10/25/2018 - R
Agreement
(2018102400783004)
10/15/2018 - D
10/25/2018 - R
Mortgage
(2018102400783003)
10/15/2018 - D
10/25/2018 - R
Assignment, Mortgage
(2018102400783002)
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R: Recorded date
D: Document date

Property Taxes for 40 Nostrand Avenue, Brooklyn

Access detailed property tax data for 40 Nostrand Avenue, Brooklyn, NY 11205. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $15,220
Estimated property tax: $15,219
Tax assessor's market value: $1,297,000
Assessed value: $583,650

Assessment History for 40 Nostrand Avenue, Brooklyn

Here's the assessment & property tax history for 40 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 $1,297,000 $583,650 $122,356 12.439% $15,220 $15,220 +2.70%
2024/25 $1,081,200 $486,540 $118,555 12.5% $14,819 $14,819 +7.98%
2023/24 $901,000 $405,450 $109,779 12.502% $13,725 $13,725 +10.07%
2022/23 $751,000 $337,950 $101,650 12.267% $12,469 $12,469 +8.28%
2021/22 $663,000 $298,350 $94,120 12.235% $11,516 $11,516 -0.26%

Permits for 40 Nostrand Avenue, Brooklyn

The complete history of permits filed for 40 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
06/16/2016 Alteration type 2
06/13/2014 Alteration type 2
08/15/2013 Alteration type 2
03/27/2007 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
$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)
Hurricane evacuation zone: 3 (See more on map)

Transportation

Distance to Subway
Closest station Union Ave & Flushing Ave at SW Corner
Station lines G
Distance (miles) 0.186
View subway map
Bus Routes
Name Flushing Av/Lee Av
Line B57
Distance (miles) 0.052

Neighbors for 40 Nostrand Avenue, Brooklyn

Here are the neighbors for 40 Nostrand Avenue, Brooklyn, NY 11205.

Address Square feet Purchase date Purchase price
21-23 Nostrand Ave, Brooklyn 822,192
664 Flushing Ave, Brooklyn 2,898 04/03/2025 $2,700,000
670 Flushing Ave, Brooklyn 30,863 05/25/2016 $7,400,000
678 Flushing Ave, Brooklyn 4,600 07/10/2008
502 Flushing Ave, Brooklyn 42,163 12/21/1993
676 Flushing Ave, Brooklyn 4,600 07/10/2008
34 Nostrand Ave, Brooklyn 6,500 07/10/2007 $900,000
9 Walworth St, Brooklyn 3,712 03/21/2022 $3,170,000
658 Flushing Ave, Brooklyn 1,944 12/29/1994
32 Nostrand Ave, Brooklyn 6,500 07/10/2007 $900,000
18 Warsoff Pl, Brooklyn 78,349
30 Warsoff Pl, Brooklyn 69,747 09/11/2017
490 Flushing Ave, Brooklyn 4,625 06/01/2021 $3,300,000
666 Flushing Ave, Brooklyn 5,625 09/16/2003 $385,000
38 Nostrand Ave, Brooklyn 6,500 07/16/2008
486 Flushing Ave, Brooklyn 17,638 12/03/2021
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