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$2,375,000 Just Listed
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Property Description
Andrew Parker of RESI bk is the exclusive representative for 1088 Nostrand Ave in Lefferts Garden. This three-story, 6,880 square foot mixed-use property consists of four residential units and two retail spaces, complemented by a generous rear recreational area. Each floor offers approximately 2,293 square feet. The property also provides potential for conversion into eight one-bedroom apartments. With ongoing growth and new developments in the vicinity, this asset presents an attractive value-add opportunity for investors and developers. PROPERTY OVERVIEW: Lot size: 26.67 x 100 Building size: 26.67 x 86 Zoning: R6 - C2 Overlay Lot size: 2,667 Bldg. Class: S2 Max Far: 2.43 Stories: 3 This area is close to Prospect Park, the Brooklyn Public Library, Kings Theatre, Brooklyn Botanic Garden, BAM, Barclays, various shops, bars, restaurants, and quick public transit to NYC. Viewings by appointment only. All offers considered. Owners are motivated.
Full Property Details
Full Property Details for 1088 Nostrand Ave
General
- Price: $2,375,000
- Taxes: $7,491
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 958379
- Updated: Today (2/4/2026)
- Added to Site: Today
Business
- Business Type: Other
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 6880
- Square Feet: 6,880
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0612
- Lot Size (Sq. Ft.): 2,667
- Zoning: R6
Financial Considerations
- Tax Amount: $7,491.28
Disclosures and Reports
- Special Conditions: None
- Property ID: 05030-0043
Listed by RESI BK Corporation
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Schools
Schools serving 1088 Nostrand Ave
School District:New York City Geographic School District 17
| Name | Grades | Distance |
|---|---|---|
Ps 91 The Albany Avenue School 532 Albany Avenue, Brooklyn, NY 11203 | K-5 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1088 Nostrand Ave
Date
Details
Price
Change
Source
2/04/2026
Listed
$2,375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1088 Nostrand Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,676
1%
$38,219
-82%
2024
$7,618
6%
$214,260
2%
2023
$7,187
5%
$209,640
27%
2022
$6,856
-49%
$164,580
10%
2021
$13,405
99%
$149,940
51%
2020
$6,741
1%
$99,480
15%
2019
$6,690
17%
$86,520
190%
2017
$5,735
—
$29,818
6%
2017
$5,735
8%
$28,132
6%
2016
$5,306
2%
$26,541
—
2015
$5,190
16%
$26,541
1%
2014
$4,470
12%
$26,339
6%
2013
$3,975
—
$24,849
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1088 Nostrand Ave
1088 Nostrand Avenue, Brooklyn, NY 11225 (MLS# 958379) is a Commercial property. 1088 Nostrand Avenue is currently listed for $2,375,000 and was received on February 04, 2026. Want to learn more about 1088 Nostrand Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

