New York City  »  11206  »  Nostrand Ave  »  111-113 Nostrand Ave

Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY 11206 - Property report

Also known as: 512 Marcy Ave

Property image for Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY 11206
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Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

1962

Lot sq. ft.

485,850

General information

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Address
Building name
Marcy Houses
Primary address
Marcy Houses - 111-113 Nostrand Avenue
Alternate address(es)
101-105 Nostrand Ave
121-125 Nostrand Ave
512 Marcy Ave
ZIP code
11206
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01738-0001

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
780,000
Building dimensions
28 ft x 160 ft
Buildings on lot
12
Stories
6
Year built
1962
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
1300
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
587.5 ft x 850 ft
Lot sq. ft.
485,850

Area overview

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

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

Building Description

Made notorious by one-time resident and music mogul Jay-Z, 101 Nostrand Avenue is better known as the Marcy Projects. This New York City Housing Authority complex is located in Brooklyn's Bedford-Stuyvesant neighborhood, and was named after lawyer and solider William L. Marcy. The complex comprises 27 six-story buildings totaling 1,300 residential units. The 780,000-square-foot development opened in 1962, and is bounded by Myrtle, Flushing, and Marcy avenues. The famous Marcy's Neighborhood Garden was ranked third in the city in 2008.

101 Nostrand Avenue is in School District 14, zoned for P.S. 297 Abraham Stockton. Other nearby public schools include P.S. 368 and the Academy of Arts and Letters. Marcy Avenue and Myrtle Avenue station is just steps from the building. It offers access to the G train, with the M line just a short walk away.

Ownership information for Marcy Houses - 111-113 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 - 111-113 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
06/28/2023 - 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
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
07/29/2008 - R Release of Federal Lien
(2008072500477001)
XXXXXX XXXX X X XXX X XX XXXXXXXXXXXXXXX
03/20/2007 - R
03/12/2007 - D
Federal Lien, Other
(2007031200030001)
XXXXX XXXXXXX XX XXXXXXXXXX XX XXXXXXX XXXX
02/23/2006 - R
02/13/2006 - D
Declaration
(2006022100711024)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
06/09/2005 - R
04/04/2005 - D
Federal Lien-Irs
(2005040401330001)
XXXXX XXXX X XX XXXXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Marcy Houses - 111-113 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
$91,843,000
Assessed value
$41,329,350

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 $85,141,000 $38,313,450 $0 12.439% $4,309,263 $0 n/a
2024/25 $82,739,000 $37,232,550 $0 12.5% $4,103,899 $0 n/a
2023/24 $77,517,000 $34,882,650 $0 12.502% $3,826,748 $0 n/a
2022/23 $74,519,000 $33,533,550 $0 12.267% $3,488,470 $0 n/a
2021/22 $65,008,000 $29,253,600 $0 12.235% $3,174,252 $0 n/a
2020/21 $65,008,000 $29,253,600 $0 12.267% $2,973,374 $0 n/a
2019/20 $58,049,000 $26,122,050 $0 12.473% $2,691,350 $0 n/a
2018/19 $53,392,000 $24,026,400 $0 12.612% $2,482,670 $0 n/a
2017/18 $46,810,000 $21,064,500 $0 12.719% $2,282,323 $0 n/a
2016/17 $46,061,000 $20,727,450 $0 12.892% $2,033,623 $0 n/a

Permit information for Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/24/2025 Alteration
10/18/2024 Alteration
08/14/2024 Alteration
06/21/2024 Alteration
04/24/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/22/2023 Fispnrf-no report and / OR late filing (facade) facade required
02/22/2023 Fispnrf-no report and / OR late filing (facade) facade required
02/22/2023 Fispnrf-no report and / OR late filing (facade) facade required

*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

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
Marcy Ave & Myrtle Ave at NW Corner
Station lines
G
Distance (miles)
0.113

Access the detailed traffic volume map for Marcy Houses - 111-113 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 - 111-113 Nostrand Avenue, Brooklyn, NY 11206?

The development at Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY 11206 was built in 1962.

What is the total square footage of Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY 11206?

Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY 11206 has a total of 780,000 square feet.

What is the assessed value of Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY 11206?

Marcy Houses - 111-113 Nostrand Avenue, Brooklyn, NY 11206 is currently assessed at $41,329,350.

How many residential units does this building have?

This building has 1300 residential unit(s).

Disclaimer

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