New York City  »  11229  »  Nostrand Ave  »  2988 Nostrand Ave

2988 Nostrand Avenue, Brooklyn, NY 11229 - Property report

Also known as: 2988 Nostrand Ave

Property image for 2988 Nostrand Avenue, Brooklyn, NY 11229
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1925

Lot sq. ft.

2,000

Sale price

$1,425,000

General information

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Address
Primary address
2988 Nostrand Avenue
ZIP code
11229
Neighborhood
Madison
Borough
Brooklyn
Block & lot
06792-0013

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
5,100
Building dimensions
20 ft x 85 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Sales
Sale date
06/17/2026
Sale price
$1,425,000
Tax
Tax year
2026-2027
Property tax
$31,375
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
86 /100.  Very Walkable
Transit score
83 /100.  Excellent Transit
Bike score
68 /100.  Bikeable
School district
22
Community district
15
Closest police station
1.14 Miles
Closest fire station
0.77 Miles

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

Ownership

Ownership information for 2988 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 2988 Nostrand Avenue, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
06/17/2026 $1,425,000 XXXXXXXXX XXX XXXXXX, XXXXXXXX XXX XXXXXXX, XXXXXX
12/30/2008 $750,000 XXXXXXX, XXXXXX XXXX XXXXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXX XXXXXX XXXXX XXXXXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXX XXXXXX XXXXX XXXXXXXXX XXX XXXXXX X XXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/26/2026 - R
06/17/2026 - D		 Deed
(2026062400332001)		 XXXXXX XXXXXXXX XXXXXXXXX XXX
01/10/2022 - R
12/23/2021 - D		 Termination of Assign of L&R
(2021122801224001)		 XXXXXX XXXXXXXX XXXXXX XXXXXXXX XXXX
01/10/2022 - R
12/23/2021 - D		 Satisfaction of Mortgage
(2021122801184001)		 XXXXXX XXXXXXXX XXXXXX XXXXXXXX XXXX
12/23/2021 - R UCC3 Termination
(2021122300807001)		 XXXXXX XXXXXXXX XXXXXX XXXXXXXX XXXX
12/26/2018 - R Initial UCC1
(2018122000552003)		 XXXXXX XXXXXXXX XXXXXX XXXXXXXX XXXX
12/26/2018 - R
12/12/2018 - D		 Assignment of Leases and Rents
(2018122000552002)		 XXXXXX XXXXXXXX XXXXXX XXXXXXXX XXXX
12/26/2018 - R
12/12/2018 - D		 Mortgage
(2018122000552001)		 XXXXXX XXXXXXXX XXXXXX XXXXXXXX XXXX
01/28/2009 - R
12/30/2008 - D		 Mortgage
(2008123100571002)		 XXXXXXX XXXXXX XXX XXXX XXXXXXXX XXXXXXXXX XXXXXX XXXXX
01/28/2009 - R
12/30/2008 - D		 Deed
(2008123100571001)		 XXXX XXXXXXXX XXXXXXX XXXXXX
09/26/2003 - R
06/20/2003 - D		 Deed
(2003082200417001)		 XXXXXXXX XXXX XXXXXXXX XX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 2988 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
$31,375
Municipal exemptions
Recent tax assessments
Market value
$623,000
Assessed value
$280,350

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 $519,000 $233,550 $233,550 12.439% $29,051 $29,051 +7.24%
2024/25 $481,600 $216,720 $216,720 12.5% $27,090 $27,090 -4.97%
2023/24 $602,000 $270,900 $228,007 12.502% $28,505 $28,505 +10.07%
2022/23 $753,000 $338,850 $211,121 12.267% $25,898 $25,898 +8.28%
2021/22 $886,000 $398,700 $195,484 12.235% $23,917 $23,917 -0.26%
2020/21 $886,000 $398,700 $195,484 12.267% $23,980 $23,980 +1.50%
2019/20 $1,107,000 $498,150 $189,419 12.473% $23,626 $23,626 +6.81%
2018/19 $1,384,000 $622,800 $175,390 12.612% $22,120 $22,120 +7.09%
2017/18 $1,190,000 $535,500 $162,401 12.719% $20,656 $20,656 +6.55%
2016/17 $980,000 $441,000 $150,372 12.892% $19,386 $19,386 +0.07%
Permits

Permit information for 2988 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/16/2026 Alteration
04/06/2015 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
02/24/2017 Lblvio-low pressure boiler
10/01/2015 Lblvio-low pressure boiler
03/03/2015 Lblvio-low pressure boiler

*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
4

Subway & traffic

Closest station
-
Station lines
B-Q
Distance (miles)
0.719
View subway map

Access the detailed traffic volume map for 2988 Nostrand Avenue, Brooklyn, NY 11229 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 2988 Nostrand Avenue, Brooklyn, NY

3042 Nostrand Ave, Brooklyn 2907 Quentin Rd, Brooklyn 1671 E 29th St, Brooklyn 1663 E 29th St, Brooklyn 2978 Nostrand Ave, Brooklyn 2818 Avenue P, Brooklyn 2970 Nostrand Ave, Brooklyn 1601 E 29th St, Brooklyn 2982 Nostrand Ave, Brooklyn 3048 Nostrand Ave, Brooklyn 1657 E 29th St, Brooklyn 2980 Nostrand Ave, Brooklyn 2808 Avenue P, Brooklyn 2990 Nostrand Ave, Brooklyn 2992 Nostrand Ave, Brooklyn 2974 Nostrand Ave, Brooklyn 2972 Nostrand Ave, Brooklyn 2901 Quentin Rd, Brooklyn 1651 E 29th St, Brooklyn 2984 Nostrand Ave, Brooklyn

Nearby ZIP codes for 2988 Nostrand Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11234, New York City, NY 11235, New York City, NY 11236, New York City, NY 11239, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 2988 Nostrand Avenue, Brooklyn, NY 11229?

The development at 2988 Nostrand Avenue, Brooklyn, NY 11229 was built in 1925.

What is the market value of 2988 Nostrand Avenue, Brooklyn, NY 11229?

The current market value of 2988 Nostrand Avenue, Brooklyn, NY 11229 is $623,000.

What is the total square footage of 2988 Nostrand Avenue, Brooklyn, NY 11229?

2988 Nostrand Avenue, Brooklyn, NY 11229 has a total of 5,100 square feet.

What is the price per square foot for this property?

$279 per square foot is the price for 2988 Nostrand Avenue, Brooklyn, NY 11229.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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