Northern Westchester / Putnam - Lee Kader
1/9
Listing Courtesy Of: Daniel Gale Sotheby's International Realty, Nathaniel Brown
Local Realty Services Provided By: Keller Williams Realty Empire
Overview
What It'll Cost
Neighborhood
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$2,500,000
1088 Nostrand Avenue, New York City, NY 11225
11 Beds
4 Baths
2,293 sq ft
.06 ac
$2,500,000

1088 Nostrand Avenue, New York City, NY 11225

Estimation provided by Keller Williams Realty Inc.
11 Beds
4 Baths
2,293 sq ft
.06 ac
Active
For Sale
Keller Williams Realty Advantage Fair Housing

Property Description

A stately four-family mixed-use building spans an impressive 5,514 square feet, delivered vacant and ideal for savvy investors, primary residents, or those looking to establish a business hub in a strategic location that offers a wealth of opportunities.

11 Bedroom, 4 Full Bath | 2 Retail, 1 Event Space with 2 Half Baths | Unfinished Basement

Building Size: 26.67 X 86 | Square footage: 5,514 | Lot Size: 26.6 X100 | 950 FAR

Delivered vacant! Comprised of four spacious residential units, ideal for rental income or converting into your modern residence. The property includes two retail spaces on the ground floor, perfect for shops, cafes, or offices. Additionally, an event space at the back of the property adds a versatile area for gatherings, workshops, or additional business ventures.

Nestled in the bustling Prospect-Lefferts Gardens neighborhood, this property enjoys excellent foot traffic, a thriving community atmosphere, and proximity to local amenities, parks, and public transportation (B44 and B49 bus lines or the 2,3, Q and B, subway lines) making it an exceptional investment opportunity.

Whether you're an investor looking to maximize rental income or/and a multi-faceted business hub, this property offers unparalleled potential. Embrace the opportunity to rejuvenate this historic building and create a landmark destination in one of Brooklyn's most dynamic neighborhoods.

Don't miss out on this rare chance to invest in a property brimming with possibilities.

Exclusive viewings are available by confirmed appointments only! Contact us today and explore the endless opportunities this gem has to offer!

Property Details

Compare This Home
Overview
Property Type
Mixed Use
Property Size
2,293 sq ft
Year Built
1931
Days on Site
5 Days
Parking
No
Keller Williams Realty Partners
Northern Westchester / Putnam
10401217960

Activity History

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SAVES
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SHARES
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Upcoming Open Houses
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Purchase Price: $2,500,000
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Price & Tax History

Date
Event
Price
06/03/2024
Listed
$2,500,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$7,618
(+5.99%)
$214,260
Land 17,940 + Additions 196,320
2023
$7,187
(+4.83%)
$209,640
Land 17,940 + Additions 191,700
2022
$6,856
(-48.86%)
$164,580
Land 17,940 + Additions 146,640
2021
$13,405
(+98.85%)
$149,940
Land 17,940 + Additions 132,000
2020
$6,741
(+1.96%)
$99,480
Land 17,940 + Additions 81,540
2019
$6,612
(+15.29%)
$99,480
Land 17,940 + Additions 81,540
2017
$5,735
$29,818
Land 7,417 + Additions 22,401
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from PLG (Nostrand-Lincoln)
Car-Dependent Walkable Very Walkable
Keller Williams Realty Partners
Northern Westchester / Putnam
10401217960

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