New York City  »  11206  »  Nostrand Ave  »  21-23 Nostrand Ave

Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206 - Property report

Also known as: 520 Flushing Ave

Property image for Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206
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Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

1958

Lot sq. ft.

616,250

General information

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Due to this address' parcel subdivisions, this property report may contain limited information. For the full range of property data, view the property report of each individual parcel.

Address
Building name
Marcy Houses
Primary address
Marcy Houses - 21-23 Nostrand Avenue
Alternate address(es)
31-35 Nostrand Ave
41-43 Nostrand Ave
452-454 Marcy Ave
ZIP code
11206
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01719-0001

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
822,192
Building dimensions
28 ft x 148 ft
Buildings on lot
16
Stories
6
Year built
1958
Last altered
2025
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
72
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
725 ft x 850 ft
Lot sq. ft.
616,250

Area overview

Walk score
85 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
14
Community district
3
Closest police station
0.63 Miles
Closest fire station
0.12 Miles

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Ownership information for Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY

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

Sales history for Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/04/2024 - R Release of Federal Lien
(2024042500592001)
XXXXXX XXXXXXX XXXXXX XXXXXX XX XXXXXXX
06/28/2023 - R UCC3 Amendment
(2023062800724001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
01/06/2022 - R Initial UCC1
(2022010401257001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
12/16/2020 - R
12/14/2020 - D
Power of Attorney
(2020121401321001)
XXXX XXXX XXXX XXXXXXX X
11/12/2020 - R UCC3 Amendment
(2020111000757001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
12/30/2016 - R Initial UCC1
(2016122900637001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
10/21/2009 - R Federal Lien, Other
(2009101401080001)
XXXXXXXX XXXXXXX X X XXXXXXXXX XXXXXX XXXXXXX XXXXXXXX XX X X
02/23/2006 - R
02/13/2006 - D
Declaration
(2006022100711024)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Marcy Houses - 21-23 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
Municipal exemptions
Recent tax assessments
Market value
$59,074,000
Assessed value
$26,583,300

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 $54,697,000 $24,613,650 $0 12.439% $2,865,274 $0 n/a
2024/25 $52,380,000 $23,571,000 $0 12.5% $2,814,941 $0 n/a
2023/24 $50,867,000 $22,890,150 $0 12.502% $2,768,022 $0 n/a
2022/23 $48,998,000 $22,049,100 $0 12.267% $2,650,655 $0 n/a
2021/22 $48,559,000 $21,851,550 $0 12.235% $2,586,326 $0 n/a
2020/21 $48,535,000 $21,840,750 $0 12.267% $2,526,915 $0 n/a
2019/20 $47,731,000 $21,478,950 $0 12.473% $2,418,431 $0 n/a
2018/19 $44,510,000 $20,029,500 $0 12.612% $2,249,490 $0 n/a
2017/18 $45,540,000 $20,493,000 $0 12.719% $2,107,892 $0 n/a
2016/17 $42,565,000 $19,154,250 $0 12.892% $1,885,478 $0 n/a

Permit information for Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/13/2026 Alteration
06/13/2026 Alteration
06/11/2026 Alteration
06/11/2026 Alteration
09/06/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/23/2024 Earcx-failure to submit eer none
04/22/2023 Earcx-failure to submit eer none

*Most recent DOB violations on record for this property.

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

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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)
0.104

Access the detailed traffic volume map for Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206 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

Frequently asked questions

What is the year built for Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206?

The development at Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206 was built in 1958.

What is the market value of Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206?

The current market value of Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206 is $59,074,000.

What is the total square footage of Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206?

Marcy Houses - 21-23 Nostrand Avenue, Brooklyn, NY 11206 has a total of 822,192 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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