New York City  »  11205  »  Nostrand Ave  »  40 Nostrand Ave

40 Nostrand Avenue, Brooklyn, NY 11205 - Property report

Also known as: 40 Nostrand Ave

Property image for 40 Nostrand Avenue, Brooklyn, NY 11205
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Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

2,918

Sale price

$2,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

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

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
8,384
Building dimensions
32.25 ft x 65 ft
Buildings on lot
1
Stories
4
Year built
1931
Building material
Sales
Sale date
10/15/2018
Sale price
$2,000,000
Tax
Tax year
2026-2027
Property tax
$15,220
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
32.42 ft x 90 ft
Lot sq. ft.
2,918

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
14
Community district
3
Closest police station
0.68 Miles
Closest fire station
0.30 Miles

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

Ownership

Ownership information for 40 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 40 Nostrand Avenue, Brooklyn, NY 11205

Sale date Sale price Buyer name Seller name
10/15/2018 $2,000,000 XXXXXXXX XXX XXXXXXXX XXX. XXX XXXX XXX XXXXXX XXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/30/2023 - R Initial UCC1
(2023112900414003)		 XXXXXXXX XXX XXXXXXXX XXX XXXX XXXXXXXXX XXXX
11/30/2023 - R
10/20/2023 - D		 Assignment of Leases and Rents
(2023112900414002)		 XXXXXXXX XXX XXXXXXXX XXX XXXX XXXXXXXXX XXXX
11/30/2023 - R
10/20/2023 - D		 Agreement
(2023112900414001)		 XXXXXXXX XXX XXXXXXXX XXX XXXX XXXXXXXXX XXXX
10/25/2018 - R Initial UCC1
(2018102400783008)		 XXXXXXXX XXX XXXXXXXX XXX XXXX XXXXXXXXX XXXX
10/25/2018 - R UCC3 Termination
(2018102400783007)		 XXX XXXX XXX XXXXXX XXXXXX XXXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/25/2018 - R
10/15/2018 - D		 Termination of Assign of L&R
(2018102400783006)		 XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXX XXXXXX XXXXXX XXXX
10/25/2018 - R
10/15/2018 - D		 Assignment of Leases and Rents
(2018102400783005)		 XXXX XXXXXXXXX XXXX XXXXXXXX XXX XXXXXXXX XXX
10/25/2018 - R
10/15/2018 - D		 Agreement
(2018102400783004)		 XXXX XXXXXXXXX XXXX XXXXXXXX XXX XXXXXXXX XXX
10/25/2018 - R
10/15/2018 - D		 Mortgage
(2018102400783003)		 XXXXXXXX XXX XXXXXXXX XXX XXXX XXXXXXXXX XXXX
10/25/2018 - R
10/15/2018 - D		 Assignment, Mortgage
(2018102400783002)		 XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 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
$15,220
Municipal exemptions
Recent tax assessments
Market value
$1,556,000
Assessed value
$700,200

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 $1,297,000 $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%
2020/21 $729,000 $328,050 $94,120 12.267% $11,546 $11,546 +1.50%
2019/20 $610,800 $274,860 $91,196 12.473% $11,375 $11,375 +6.80%
2018/19 $509,000 $229,050 $84,445 12.612% $10,650 $10,650 +7.09%
2017/18 $441,000 $198,450 $78,192 12.719% $9,945 $9,945 +6.55%
2016/17 $353,000 $158,850 $72,400 12.892% $9,334 $9,334 +0.07%
Permits

Permit information for 40 Nostrand Avenue, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
01/28/2021 C-construction other optional
11/20/2013 Aeuhaz1-fail to certify class 1
11/20/2013 Aeuhaz1-fail to certify class 1

*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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.186
View subway map

Access the detailed traffic volume map for 40 Nostrand Avenue, Brooklyn, NY 11205 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 40 Nostrand Avenue, Brooklyn, NY

21-23 Nostrand Ave, Brooklyn 664 Flushing Ave, Brooklyn 670 Flushing Ave, Brooklyn 678 Flushing Ave, Brooklyn 502 Flushing Ave, Brooklyn 676 Flushing Ave, Brooklyn 34 Nostrand Ave, Brooklyn 9 Walworth St, Brooklyn 658 Flushing Ave, Brooklyn 32 Nostrand Ave, Brooklyn 18 Warsoff Pl, Brooklyn 30 Warsoff Pl, Brooklyn 490 Flushing Ave, Brooklyn 666 Flushing Ave, Brooklyn 38 Nostrand Ave, Brooklyn 486 Flushing Ave, Brooklyn

Nearby ZIP codes for 40 Nostrand Avenue, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10005, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10038, New York City, NY 10278, New York City, NY 11201, New York City, NY 11206, New York City, NY 11211, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 40 Nostrand Avenue, Brooklyn, NY 11205?

The development at 40 Nostrand Avenue, Brooklyn, NY 11205 was built in 1931.

What is the market value of 40 Nostrand Avenue, Brooklyn, NY 11205?

The current market value of 40 Nostrand Avenue, Brooklyn, NY 11205 is $1,556,000.

What is the total square footage of 40 Nostrand Avenue, Brooklyn, NY 11205?

40 Nostrand Avenue, Brooklyn, NY 11205 has a total of 8,384 square feet.

What is the price per square foot for this property?

$238 per square foot is the price for 40 Nostrand Avenue, Brooklyn, NY 11205.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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