Kings  »  11235  »  Nostrand Ave  »  3861 Nostrand Ave

3861 Nostrand Avenue, Brooklyn, NY 11235 - Property report

Also known as: 2928-2948 Avenue Y

Property image for 3861 Nostrand Avenue, Brooklyn, NY 11235
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Property type

Shopping Center with or without Parking (K6)

Year built

1960

Lot sq. ft.

133,000

Sale price

$38,250,000

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
3861 Nostrand Avenue
Alternate address(es)
2502-2584 Haring St
2927-2947 Avenue Z
2928-2948 Avenue Y
Show all
ZIP code
11235
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07446-0001

Owner

Find out who owns 3861 Nostrand Avenue, Brooklyn, NY 11235. Uncover corporate and individual owners with a free account.

Building
Property type
Shopping Center with or without Parking (K6)
Building sq. ft.
81,018
Building dimensions
151 ft x 131 ft
Buildings on lot
1
Stories
1
Year built
1960
Last altered
2013
Building material
Sales
Sale date
12/21/2018
Sale price
$38,250,000
Tax
Tax year
2026-2027
Property tax
$936,078
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
700 ft x 190 ft
Lot sq. ft.
133,000

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
71 /100.  Excellent Transit
Bike score
63 /100.  Bikeable
School district
22
Community district
15
Closest police station
1.07 Miles
Closest fire station
0.75 Miles

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

Units for 3861 Nostrand Avenue, Brooklyn, NY

Unit Sale date
Unit 4H 05/18/2006
Ownership

Ownership information for 3861 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 3861 Nostrand Avenue, Brooklyn, NY 11235

Sale date Sale price Buyer name Seller name
12/21/2018 $38,250,000 XXXXXXX XXXXXXXXXXX XXXXX XXX XXX XXXXXXXX XXXXXXXX XXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX
12/03/2007 $176,900,000 XXXX XXXXXX XXX X XX XXX XXXXX XXXXXXXX & XXXXXXXXXXXX XX XXXXXXXX XXXXXX, XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/14/2025 - R
02/14/2025 - D		 NYC Real Property Transfer Tax
(2025031201055001)		 XXX XXXXXXXX XXXXXXX XXXX XXX XXXXXXXXXXX XXX
07/28/2023 - R UCC3 Continuation
(2023072400246001)		 XXXXXXX XXXXXXXXXXX XXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/03/2019 - R UCC3 Assignment
(2019050200531003)		 XXXXXXX XXXXXXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX XXXXXX XXX
05/03/2019 - R
03/05/2019 - D		 Asgn of Asgn of L&R
(2019050200531002)		 XXXXXXXX XXXXXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/03/2019 - R
03/05/2019 - D		 Assignment, Mortgage
(2019050200531001)		 XXXXXXXX XXXXXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
01/11/2019 - R Initial UCC1
(2018122800079007)		 XXXXXXX XXXXXXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX XXXXXX XXX
01/11/2019 - R
12/21/2018 - D		 Assignment of Leases and Rents
(2018122800079006)		 XXXXXXX XXXXXXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX XXXXXX XXX
01/11/2019 - R
12/21/2018 - D		 Agreement
(2018122800079005)		 XXXXXXX XXXXXXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX XXXXXX XXX
01/11/2019 - R
12/21/2018 - D		 Mortgage
(2018122800079004)		 XXXXXXX XXXXXXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXXX XXXXXX XXX
01/11/2019 - R
12/21/2018 - D		 Assignment, Mortgage
(2018122800079003)		 XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 3861 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
$936,078
Municipal exemptions
Recent tax assessments
Market value
$20,867,000
Assessed value
$9,390,150

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 $20,134,000 $9,060,300 $7,864,760 10.848% $853,169 $853,169 +6.17%
2024/25 $19,735,000 $8,880,750 $7,467,160 10.762% $803,616 $803,616 +3.23%
2023/24 $19,320,000 $8,694,000 $7,349,351 10.592% $778,443 $778,443 +3.09%
2022/23 $18,532,000 $8,339,400 $7,092,571 10.646% $755,075 $755,075 +28.67%
2021/22 $12,125,000 $5,456,250 $5,456,250 10.755% $586,820 $586,820 -21.25%
2020/21 $15,485,000 $6,968,250 $6,968,250 10.694% $745,185 $745,185 +4.32%
2019/20 $15,065,000 $6,779,250 $6,779,250 10.537% $714,330 $714,330 -1.92%
2018/19 $15,825,000 $7,121,250 $6,927,019 10.514% $728,307 $728,307 +2.60%
2017/18 $16,135,000 $7,260,750 $6,751,369 10.514% $709,839 $709,839 +5.25%
2016/17 $16,018,000 $7,208,100 $6,378,049 10.574% $674,415 $674,415 -3.91%
Permits

Permit information for 3861 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/30/2026 No work
01/23/2026 Alteration CO
01/12/2026 No work
01/06/2026 Alteration CO
12/09/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
09/02/2025 C-construction other optional
06/30/2023 Lblvio-low pressure boiler boiler required

*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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
15th St & Sheepshead Bay Rd at SE Corner
Station lines
B-Q
Distance (miles)
0.81
View subway map

Access the detailed traffic volume map for 3861 Nostrand Avenue, Brooklyn, NY 11235 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 3861 Nostrand Avenue, Brooklyn, NY

2502-2584 Knapp St, Brooklyn 2501 E 29th St, Brooklyn 2574 Coyle St, Brooklyn 2515 E 29th St, Brooklyn 2517 E 29th St, Brooklyn 3021 Avenue Z, Brooklyn 2845 Coney Island Ave, Brooklyn 2604 E 11th St, Brooklyn 2505 E 29th St, Brooklyn 2555 Batchelder St, Brooklyn 2901 Avenue Z, Brooklyn 2503 E 29th St, Brooklyn 2525 Haring St, Brooklyn 2520 Batchelder St, Brooklyn 2533 Batchelder St, Brooklyn 2509 E 29th St, Brooklyn 2507 E 29th St, Brooklyn 2519 E 29th St, Brooklyn 3043 Avenue Z, Brooklyn 2511 E 29th St, Brooklyn

Nearby ZIP codes for 3861 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 11229, New York City, NY 11230, New York City, NY 11234, New York City, NY 11236, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 3861 Nostrand Avenue, Brooklyn, NY 11235?

The development at 3861 Nostrand Avenue, Brooklyn, NY 11235 was built in 1960.

What is the market value of 3861 Nostrand Avenue, Brooklyn, NY 11235?

The current market value of 3861 Nostrand Avenue, Brooklyn, NY 11235 is $20,867,000.

What is the total square footage of 3861 Nostrand Avenue, Brooklyn, NY 11235?

3861 Nostrand Avenue, Brooklyn, NY 11235 has a total of 81,018 square feet.

What is the price per square foot for this property?

$472 per square foot is the price for 3861 Nostrand Avenue, Brooklyn, NY 11235.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 15.

How many active listings does 3861 Nostrand Avenue, Brooklyn, NY 11235 have?

This address has 2 active listing(s).

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