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3861 Nostrand Avenue, Brooklyn, NY 11235 Property Information

3861 Nostrand Avenue, Brooklyn, NY 11235 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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3861 Nostrand Avenue, Brooklyn, NY 11235 1
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Address

Primary address 3861 Nostrand Avenue
Secondary address 2928-2948 Avenue Y
Neighborhood Sheepshead Bay
Zip code 11235
Borough Brooklyn
Block & lot 07446-0001

Sales & Tax Overview for 3861 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 12/21/2018
Purchase price $38,250,000
Tax class
Estimated property tax $936,078

Lot & Building Information for 3861 Nostrand Avenue, Brooklyn

Lot sq. ft. 133,000
Lot dimensions 700 ft x 190 ft
Property type Shopping Center with or without Parking (K6)
Building sqft 81,018
Building dimensions 151 ft x 131 ft
Buildings on lot 1
Stories 1
Year built 1960
Year last altered 2013
Construction type
Status
Status date
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Zoning & Use for 3861 Nostrand Avenue, Brooklyn

Zoning
Commercial units 15
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 22
Community district 15
Closest police station 1.07 Miles
Closest fire station 0.75 Miles

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

Other Property Data for 3861 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 3861 Nostrand Avenue, Brooklyn, NY 11235, 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 3861 Nostrand Avenue, Brooklyn, NY 11235, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 2928-2948 Avenue Y, Brooklyn, NY 11235
  • 2927-2947 Avenue Z, Brooklyn, NY 11235
  • 2502-2584 Haring St, Brooklyn, NY 11235
  • 3779-3861 Nostrand Ave, Brooklyn, NY 11235

About 3861 Nostrand Avenue, Brooklyn

How many sq. ft. does 3861 Nostrand Avenue, Brooklyn, NY 11235 have & what is the price per sq. ft?

This Shopping Center with or without Parking (K6) located at 3861 Nostrand Avenue, Brooklyn, NY 11235 has a total of 81,018 square feet and a current price per square foot of $472.

What is the year built & the current market value of 3861 Nostrand Avenue, Brooklyn, NY 11235?

3861 Nostrand Avenue, Brooklyn, NY 11235 was built in 1960 and has a current tax assessor's market value of $20,134,000.

How many commercial spaces does this building have?

This building has 15 commercial spaces available for lease. There are 2 active listings at this address.

Ownership Information for 3861 Nostrand Avenue, Brooklyn

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Property owner name for 3861 Nostrand Avenue, Brooklyn, NY 11235
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Building contacts for 3861 Nostrand Avenue, Brooklyn, NY 11235
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 3861 Nostrand Avenue, Brooklyn

Nostrand Plaza
Listing type For Lease
Listing date 03/09/2020
Last updated 05/14/2026
Lot size 3.05 Acre
View Listing

Brokers

Guy Solomonov
Jacob Beer
Mia Abdou
Spaces
Suite name Space type Lease rate Available space Brokers
3861 Nostrand Avenue #10 Retail Listing price not available 1,874 Guy Solomonov
Jacob Beer
3861 Nostrand Avenue #14 Retail Listing price not available 3,000 Guy Solomonov
Jacob Beer
Active Listings For This Property:
For Lease Nostrand Plaza
Nostrand Plaza
3861 Nostrand Avenue, Brooklyn
Property Neighborhood Center
Availability 2 Spaces listed / 4874 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 3861 Nostrand Avenue, Brooklyn

Create a free account to view the complete sales history for 3861 Nostrand Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/21/2018 $38,250,000
12/03/2007 $176,900,000
       
       
       
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Title Documents for 3861 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
02/14/2025 - D
04/14/2025 - R
NYC Real Property Transfer Tax
(2025031201055001)
07/28/2023 - R UCC3 Continuation
(2023072400246001)
05/03/2019 - R UCC3 Assignment
(2019050200531003)
03/05/2019 - D
05/03/2019 - R
Asgn of Asgn of L&R
(2019050200531002)
03/05/2019 - D
05/03/2019 - R
Assignment, Mortgage
(2019050200531001)
01/11/2019 - R Initial UCC1
(2018122800079007)
12/21/2018 - D
01/11/2019 - R
Assignment of Leases and Rents
(2018122800079006)
12/21/2018 - D
01/11/2019 - R
Agreement
(2018122800079005)
12/21/2018 - D
01/11/2019 - R
Mortgage
(2018122800079004)
12/21/2018 - D
01/11/2019 - R
Assignment, Mortgage
(2018122800079003)
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R: Recorded date
D: Document date

Property Taxes for 3861 Nostrand Avenue, Brooklyn

Access detailed property tax data for 3861 Nostrand Avenue, Brooklyn, NY 11235. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $853,169
Estimated property tax: $936,078
Tax assessor's market value: $20,134,000
Assessed value: $9,060,300

Assessment History for 3861 Nostrand Avenue, Brooklyn

Here's the assessment & property tax history for 3861 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 $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%

Permits for 3861 Nostrand Avenue, Brooklyn

The complete history of permits filed for 3861 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
04/30/2026 No work
01/23/2026 Alteration CO
01/12/2026 No work
01/06/2026 Alteration CO
12/09/2025 Alteration
11/12/2025 Alteration
11/12/2025 Alteration
10/31/2025 Alteration
10/01/2025 Alteration CO
09/24/2025 Alteration
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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
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station 15th St & Sheepshead Bay Rd at SE Corner
Station lines B-Q
Distance (miles) 0.81
View subway map
Bus Routes
Name Nostrand Av/Av Z
Line B44
Distance (miles) 0.053

Neighbors for 3861 Nostrand Avenue, Brooklyn

Here are the neighbors for 3861 Nostrand Avenue, Brooklyn, NY 11235.

Address Square feet Purchase date Purchase price
2502-2584 Knapp St, Brooklyn
2501 E 29th St, Brooklyn 2,552 01/10/2017
2574 Coyle St, Brooklyn 1,880 12/28/2020
2515 E 29th St, Brooklyn 2,088 01/24/2013 $565,000
2517 E 29th St, Brooklyn 2,088 05/03/2010 $490,000
3021 Avenue Z, Brooklyn 77,500 07/25/2014 $140,000
2845 Coney Island Ave, Brooklyn 10,000 05/31/2024 $16,000,000
2604 E 11th St, Brooklyn 3,120 01/25/2025
2505 E 29th St, Brooklyn 2,088 05/14/2021 $838,000
2555 Batchelder St, Brooklyn 79,500 12/15/1997
2901 Avenue Z, Brooklyn 1,480 12/30/1977
2503 E 29th St, Brooklyn 2,088 09/13/2024 $939,998
2525 Haring St, Brooklyn 71,940
2520 Batchelder St, Brooklyn 583,001 04/30/2001
2533 Batchelder St, Brooklyn 408,000 04/30/2001
2509 E 29th St, Brooklyn 2,088 08/29/2025 $785,000
2507 E 29th St, Brooklyn 2,088 03/05/2020
2519 E 29th St, Brooklyn 2,312 12/10/2013 $560,000
3043 Avenue Z, Brooklyn 1,688 12/10/2025 $870,000
2511 E 29th St, Brooklyn 2,088 01/16/1975
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