New York City  »  11229  »  Nostrand Ave  »  3540 Nostrand Ave

3540 Nostrand Avenue, Brooklyn, NY 11229 - Property report

Also known as: 3540 Nostrand Ave

Property image for 3540 Nostrand Avenue, Brooklyn, NY 11229
static Mapbox map

Property type

Stand Alone Food Establishment (K5)

Year built

1968

Lot sq. ft.

16,800

General information

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Address
Primary address
3540 Nostrand Avenue
Alternate address(es)
3540-3544 Nostrand Ave
3540-3554 Nostrand Ave
ZIP code
11229
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07386-0117

Owner

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Building
Property type
Stand Alone Food Establishment (K5)
Building sq. ft.
1,900
Building dimensions
49.08 ft x 50.5 ft
Buildings on lot
1
Stories
1
Year built
1968
Building material
Tax
Tax year
2026-2027
Property tax
$50,715
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
160 ft x 105 ft
Lot sq. ft.
16,800

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
71 /100.  Excellent Transit
Bike score
66 /100.  Bikeable
School district
22
Community district
15
Closest police station
0.99 Miles
Closest fire station
0.45 Miles

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Ownership information for 3540 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 3540 Nostrand Avenue, Brooklyn, NY 11229

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/20/1989 - R Miscellaneous
(3610001426061)
XX XXXXXXX XXXX
01/20/1989 - R Miscellaneous
(3600001426060)
XX XXXXXXX XXXX
09/28/1988 - R Agreement
(3480001399248)
XXXX XXXXXXX XX XX XXXXXXX XXXX
09/28/1988 - R Mortgage
(3470001399247)
XX XXXXXXX XXXX XXXX XXXXXXX XX
09/28/1988 - R Satisfaction of Mortgage
(3530001399453)
XXXXXXXXXXX XXXXXXX XXXXX XXXXX
09/28/1988 - R Satisfaction of Mortgage
(3520001399452)
XXXXXXXXXXX XXXX XXXXX XXXXX
09/28/1988 - R Satisfaction of Mortgage
(3510001399451)
XXXXXXXXXXX XXXXXXX XXXXX XXXXX
09/28/1988 - R Satisfaction of Mortgage
(3500001399450)
XXXXXXXXXXX XXXXXXX XXXXX XXXXX
09/28/1988 - R
09/19/1988 - D
Deed
(3460001399246)
XXXX XXXXXXX XX XX XXXXXXX XXXXXXXXXXX
12/01/1978 - R Deed
(37830103701335)
XXXX XXXXXXX XXXX XXX XXXX XXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 3540 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
$50,715
Municipal exemptions
Recent tax assessments
Market value
$1,131,000
Assessed value
$508,950

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 $1,130,000 $508,500 $445,720 10.848% $48,352 $48,352 +0.69%
2024/25 $1,098,000 $494,100 $446,220 10.762% $48,022 $48,022 -9.07%
2023/24 $1,174,000 $528,300 $498,629 10.592% $52,815 $52,815 -1.31%
2022/23 $1,123,000 $505,350 $502,668 10.646% $53,514 $53,514 +15.90%
2021/22 $954,000 $429,300 $429,300 10.755% $46,171 $46,171 -22.06%
2020/21 $1,231,000 $553,950 $553,950 10.694% $59,239 $59,239 +9.48%
2019/20 $1,270,000 $571,500 $513,538 10.537% $54,111 $54,111 +6.50%
2018/19 $1,195,000 $537,750 $483,238 10.514% $50,808 $50,808 +5.12%
2017/18 $1,192,000 $536,400 $459,688 10.514% $48,332 $48,332 +2.51%
2016/17 $1,087,000 $489,150 $445,908 10.574% $47,150 $47,150 +2.21%

Permit information for 3540 Nostrand Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/23/2024 Alteration type 1
10/13/2021 Alteration
10/13/2021 Alteration
09/20/2021 Alteration
08/11/2021 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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
15th St & Gravesend Neck Rd at NE Corner
Station lines
B-Q
Distance (miles)
0.728

Access the detailed traffic volume map for 3540 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

Frequently asked questions

What is the year built for 3540 Nostrand Avenue, Brooklyn, NY 11229?

The development at 3540 Nostrand Avenue, Brooklyn, NY 11229 was built in 1968.

What is the market value of 3540 Nostrand Avenue, Brooklyn, NY 11229?

The current market value of 3540 Nostrand Avenue, Brooklyn, NY 11229 is $1,131,000.

What is the total square footage of 3540 Nostrand Avenue, Brooklyn, NY 11229?

3540 Nostrand Avenue, Brooklyn, NY 11229 has a total of 1,900 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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