Kings  »  11226  »  Nostrand Ave  »  1487 Nostrand Ave

1487 Nostrand Avenue, Brooklyn, NY 11226 - Property report

Also known as: 1487 Nostrand Ave

Property image for 1487 Nostrand Avenue, Brooklyn, NY 11226
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1940

Lot sq. ft.

10,000

Sale price

$9,275,000

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
1487 Nostrand Avenue
Alternate address(es)
1487-1493 Nostrand Ave
ZIP code
11226
Neighborhood
Flatbush
Borough
Brooklyn
Block & lot
04884-0054

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
42,288
Building dimensions
100 ft x 84.5 ft
Buildings on lot
1
Stories
6
Year built
1940
Building material
Sales
Sale date
08/20/2015
Sale price
$9,275,000
Tax
Tax year
2026-2027
Property tax
$129,830
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
48
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 100 ft
Lot sq. ft.
10,000

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
62 /100.  Bikeable
School district
17
Community district
17
Closest police station
0.98 Miles
Closest fire station
0.72 Miles

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

Ownership information for 1487 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 1487 Nostrand Avenue, Brooklyn, NY 11226

Sale date Sale price Buyer name Seller name
08/20/2015 $9,275,000 XXXX XXXXXXXX XXXXXX XXX XXXX XXXXXXXX XXX. XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/19/2022 - R UCC3 Termination
(2022011800867001)
XXXX XXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
01/24/2022 - R
01/10/2022 - D
Agreement
(2022011801186004)
XXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
01/24/2022 - R
01/10/2022 - D
Mortgage
(2022011801186003)
XXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
01/24/2022 - R
01/10/2022 - D
Assignment, Mortgage
(2022011801186002)
XXXXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
01/24/2022 - R
01/10/2022 - D
Termination of Assign of L&R
(2022011801186001)
XXXXXXXXX XXXX XXXX XXXXXXXX XXXXXX XXX
12/20/2019 - R UCC3 Termination
(2019121901286001)
XXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXX XX
09/04/2015 - R
08/20/2015 - D
Assignment of Leases and Rents
(2015082500022003)
XXXX XXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
09/04/2015 - R
08/20/2015 - D
Mortgage
(2015082500022002)
XXXX XXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
09/04/2015 - R
08/20/2015 - D
Deed
(2015082500022001)
XXXX XXXXXXXX XXX XXX XXXX XXXXXXXX XXXXXX XXX
03/16/1999 - R
02/02/1999 - D
Deed
(3340006504234)
XXXXXX XXXXXX XXXX XXXX XXXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1487 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
$129,830
Municipal exemptions
Recent tax assessments
Market value
$2,603,000
Assessed value
$1,171,350

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 $2,326,000 $1,046,700 $940,410 12.439% $116,978 $115,860 +11.78%
2024/25 $2,459,000 $1,106,550 $888,210 12.5% $111,026 $103,654 +11.34%
2023/24 $2,153,000 $968,850 $810,900 12.502% $101,379 $93,095 +10.29%
2022/23 $2,056,000 $925,200 $755,640 12.267% $92,694 $84,411 +17.52%
2021/22 $1,455,000 $654,750 $654,750 12.235% $80,109 $71,825 -15.18%
2020/21 $1,746,000 $785,700 $690,300 12.267% $84,679 $84,679 +5.83%
2019/20 $1,600,000 $720,000 $641,520 12.473% $80,017 $80,017 +5.37%
2018/19 $1,539,000 $692,550 $602,100 12.612% $75,937 $75,937 +4.21%
2017/18 $1,433,000 $644,850 $572,940 12.719% $72,872 $72,872 +9.36%
2016/17 $1,352,000 $608,400 $516,870 12.892% $66,635 $66,635 +12.09%

Permit information for 1487 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/07/2025 Alteration
11/10/2021 Alteration
08/27/2021 Alteration
02/22/2021 Alteration
01/22/2014 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/23/2021 E-elevator elevatorrequired
05/12/2021 Aeuhaz1-fail to certify class 1 none
05/12/2021 Aeuhaz1-fail to certify class 1 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

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
-

Subway & traffic

Closest station
Nostrand Ave & Church Ave at SE Corner
Station lines
2-5
Distance (miles)
0.049

Access the detailed traffic volume map for 1487 Nostrand Avenue, Brooklyn, NY 11226 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 1487 Nostrand Avenue, Brooklyn, NY 11226?

The development at 1487 Nostrand Avenue, Brooklyn, NY 11226 was built in 1940.

What is the total square footage of 1487 Nostrand Avenue, Brooklyn, NY 11226?

1487 Nostrand Avenue, Brooklyn, NY 11226 has a total of 42,288 square feet.

When was 1487 Nostrand Avenue, Brooklyn, NY 11226 last sold and what was the sale price?

1487 Nostrand Avenue, Brooklyn, NY 11226 was last sold on 08/20/2015 for $9,275,000.

What is the assessed value of 1487 Nostrand Avenue, Brooklyn, NY 11226?

1487 Nostrand Avenue, Brooklyn, NY 11226 is currently assessed at $1,171,350.

What are the property taxes for 1487 Nostrand Avenue, Brooklyn, NY 11226?

The property taxes for 1487 Nostrand Avenue, Brooklyn, NY 11226 total $129,829.

How many residential units does this building have?

This building has 48 residential unit(s).

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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