Kings  »  11225  »  Nostrand Ave  »  1261 Nostrand Ave

1261 Nostrand Avenue, Brooklyn, NY 11225 - Property report

Also known as: 1249-1255 Nostrand Ave

Property image for 1261 Nostrand Avenue, Brooklyn, NY 11225
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1998

Lot sq. ft.

13,186

General information

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Address
Primary address
1261 Nostrand Avenue
Alternate address(es)
1249-1255 Nostrand Ave
699-709 Parkside Ave
ZIP code
11225
Neighborhood
Prospect - Lefferts Gardens
Borough
Brooklyn
Block & lot
04827-0001

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
13,065
Building dimensions
90 ft x 92 ft
Buildings on lot
2
Stories
1
Year built
1998
Last altered
2020
Building material
Tax
Tax year
2026-2027
Property tax
$176,965
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Commercial units
2
Retail sq. ft.
Lot
Lot dimensions
142.55 ft x 92.5 ft
Lot sq. ft.
13,186

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.54 Miles
Closest fire station
0.30 Miles

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

Ownership information for 1261 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 1261 Nostrand Avenue, Brooklyn, NY 11225

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/02/2024 - R
12/14/2023 - D
Asgn of Asgn of L&R
(2024062700930004)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXXXXX XXX
07/02/2024 - R
12/14/2023 - D
Assignment, Mortgage
(2024062700930003)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXXXXX XXX
07/02/2024 - R
03/12/2023 - D
Asgn of Asgn of L&R
(2024062700930002)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXX XXXX X X
07/02/2024 - R
03/12/2023 - D
Assignment, Mortgage
(2024062700930001)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXX XXXX X X
11/30/2021 - R
11/19/2021 - D
Termination of Assign of L&R
(2021112200588004)
XXXXXXX XXXXXX XX X XXX XXXXXXXXX XXXX
11/30/2021 - R
11/19/2021 - D
Assignment of Leases and Rents
(2021112200588003)
XXXXXXX XXXXXX XX X XXX XXXXXXXXX XXXX
11/30/2021 - R
11/19/2021 - D
Agreement
(2021112200588002)
XXXXXXX XXXXXX XX X XXX XXXXXXXXX XXXX
11/30/2021 - R
11/19/2021 - D
Mortgage
(2021112200588001)
XXXXXXX XXXXXX XX X XXX XXXXXXXXX XXXX
07/16/2015 - R UCC3 Termination
(2015071600302001)
XXXXXXX XXXXXX XX X XXX XXXXXXXXXX XXXXXXXX XXXXX XXXXXXXXXX XXXXXXXX
07/16/2015 - R
07/15/2015 - D
Assignment of Leases and Rents
(2015071600302008)
XXXXXXX XXXXXX XX X XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1261 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
$176,965
Municipal exemptions
Recent tax assessments
Market value
$4,191,000
Assessed value
$1,885,950

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 $4,202,000 $1,890,900 $1,690,920 10.848% $183,431 $169,364 +10.02%
2024/25 $3,603,000 $1,621,350 $1,561,053 10.762% $173,739 $153,934 +9.65%
2023/24 $4,279,000 $1,925,550 $1,458,254 10.592% $165,755 $140,392 +21.51%
2022/23 $3,609,000 $1,624,050 $1,085,265 10.646% $132,568 $115,537 +40.43%
2021/22 $2,174,000 $978,300 $765,000 10.755% $105,216 $82,276 -14.50%
2020/21 $2,891,000 $1,300,950 $899,885 10.694% $124,747 $96,234 +22.66%
2019/20 $2,540,000 $1,143,000 $744,570 10.537% $112,168 $78,455 +17.33%
2018/19 $2,536,000 $1,141,200 $635,985 10.514% $106,114 $66,867 +20.55%
2017/18 $2,440,000 $1,098,000 $527,580 10.514% $100,322 $55,470 +35.50%
2016/17 $2,382,000 $1,071,900 $387,135 10.574% $91,683 $40,936 +52.50%

Permit information for 1261 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/21/2025 Alteration
04/21/2025 Alteration
03/14/2025 Alteration
03/14/2025 Alteration
03/14/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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 & Parkside Ave at SW Corner
Station lines
2-5
Distance (miles)
0.036

Access the detailed traffic volume map for 1261 Nostrand Avenue, Brooklyn, NY 11225 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 1261 Nostrand Avenue, Brooklyn, NY 11225?

The development at 1261 Nostrand Avenue, Brooklyn, NY 11225 was built in 1998.

What is the market value of 1261 Nostrand Avenue, Brooklyn, NY 11225?

The current market value of 1261 Nostrand Avenue, Brooklyn, NY 11225 is $4,191,000.

What is the total square footage of 1261 Nostrand Avenue, Brooklyn, NY 11225?

1261 Nostrand Avenue, Brooklyn, NY 11225 has a total of 13,065 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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