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331 Nostrand Avenue, Brooklyn, NY 11216 Property Information

331 Nostrand Avenue, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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331 Nostrand Avenue, Brooklyn, NY 11216 1
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Address

Primary address 331 Nostrand Avenue
Secondary address 251-255 Quincy St
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01803-0001

Sales & Tax Overview for 331 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 02/28/2018
Purchase price $497,000
Tax class
Estimated property tax $13,697

Lot & Building Information for 331 Nostrand Avenue, Brooklyn

Lot sqft 1,650
Lot dimensions 22 ft x 75 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 5,214
Building dimensions 22 ft x 54 ft
Buildings on lot 1
Stories 4
Year built 1931
Construction type
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Zoning & Use for 331 Nostrand Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 6
Regulated units
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.31 Miles
Closest fire station 0.12 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 331 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 331 Nostrand Avenue, Brooklyn, NY 11216, 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 331 Nostrand Avenue, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 251-255 Quincy St, Brooklyn, NY 11216

About 331 Nostrand Avenue, Brooklyn

How many sq. ft. does 331 Nostrand Avenue, Brooklyn, NY 11216 have & what is the price per sq. ft?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 331 Nostrand Avenue, Brooklyn, NY 11216 has a total of 5,214 square feet and a current price per square foot of $95.

What is the year built & the current market value of 331 Nostrand Avenue, Brooklyn, NY 11216?

331 Nostrand Avenue, Brooklyn, NY 11216 was built in 1931 and has a current tax assessor's market value of $1,043,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 331 Nostrand Avenue, Brooklyn

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Property owner name for 331 Nostrand Avenue, Brooklyn, NY 11216
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Building contacts for 331 Nostrand Avenue, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 331 Nostrand Avenue, Brooklyn

Create a free account to view the complete sales history for 331 Nostrand Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/28/2018 $497,000

Title Documents for 331 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
09/28/2018 - D
10/05/2018 - R
Assignment, Mortgage
(2018072700357001)
02/28/2018 - D
03/14/2018 - R
Mortgage
(2018031300629002)
02/28/2018 - D
03/14/2018 - R
Deed
(2018031300629001)
04/10/1997 - D
06/03/1997 - R
Deed
(3660005641566)
12/03/1987 - R Satisfaction of Mortgage
(3940001322394)
11/26/1985 - R Mortgage
(3160001128116)
11/05/1985 - D
11/26/1985 - R
Deed
(3150001128115)
03/20/1970 - R Mortgage
(37030040001339)
03/20/1970 - R Deed
(37030040001337)
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R: Recorded date
D: Document date

Property Taxes for 331 Nostrand Avenue, Brooklyn

Access detailed property tax data for 331 Nostrand Avenue, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $12,683
Estimated property tax: $13,697
Tax assessor's market value: $1,043,000
Assessed value: $469,350

Assessment History for 331 Nostrand Avenue, Brooklyn

Here's the assessment & property tax history for 331 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 $1,043,000 $469,350 $101,963 12.439% $12,683 $12,683 -0.49%
2024/25 $868,800 $390,960 $101,962 12.5% $12,745 $12,745 +3.22%
2023/24 $724,000 $325,800 $98,764 12.502% $12,347 $12,347 +10.03%
2022/23 $603,000 $271,350 $91,480 12.267% $11,222 $11,222 +8.28%
2021/22 $482,000 $216,900 $84,704 12.235% $10,364 $10,364 +7.72%

Permits for 331 Nostrand Avenue, Brooklyn

The complete history of permits filed for 331 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
09/16/2011 Alteration type 2
06/08/2006 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)

Transportation

Distance to Subway
Closest station Nostrand Ave & Lafayette Ave at SW Corner
Station lines G
Distance (miles) 0.191
View subway map
Bus Routes
Name Gates Av/Nostrand Av
Line B52
Distance (miles) 0.067

Neighbors for 331 Nostrand Avenue, Brooklyn

Here are the neighbors for 331 Nostrand Avenue, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
179 Quincy St, Brooklyn 1,900 07/25/1990
169 Quincy St, Brooklyn 3,600 03/15/2005
325 Nostrand Ave, Brooklyn 4,212 07/09/2008 $840,000
165 Quincy St, Brooklyn 5,580 06/30/2015 $11,720,748
171 Quincy St, Brooklyn 2,700 04/07/2016 $200,000
317 Nostrand Ave, Brooklyn 4,320 06/28/2012 $655,000
278 Lexington Ave, Brooklyn 2,418 11/23/1971
167 Quincy St, Brooklyn 3,600 06/09/2025 $2,000,000
177 Quincy St, Brooklyn 2,700 01/29/1999
319 Nostrand Ave, Brooklyn 4,320 06/14/2019
313 Nostrand Ave, Brooklyn 5,280 12/27/2007
329 Nostrand Ave, Brooklyn 4,212 06/29/2021 $2,150,000
323 Nostrand Ave, Brooklyn 4,212 04/22/2014
315 Nostrand Ave, Brooklyn 4,320 04/12/2023
175 Quincy St, Brooklyn 2,250 08/12/2025
181 Quincy St, Brooklyn 2,880 03/23/2017
181 A Quincy St, Brooklyn 2,880 12/05/2025
327 Nostrand Ave, Brooklyn 4,212 01/08/2013
321 Nostrand Ave, Brooklyn 4,320 06/18/2001
173 Quincy St, Brooklyn 3,600 11/25/2025 $2,140,000
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