1146 Nostrand Avenue, Brooklyn, NY 11225 - Photo 1

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$2,950,000

For Sale
Active
Commercial
Updated 5 days ago

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Property Description

1146 Nostrand Avenue presents a rare opportunity to acquire a fully leased, turnkey mixed-use property in the highly sought-after Prospect Lefferts Gardens neighborhood. The building has been fully renovated and is maintained in excellent, like-new condition, featuring modern systems and high-quality finishes throughout. The ground floor is occupied by a thriving restaurant, while the two free-market residential apartments above each offer two bedrooms and one bath, reflecting strong rental demand. With all units leased and producing steady income, this property represents a low-maintenance, income-generating asset in one of Brooklyn's most dynamic communities.

Full Property Details

Full Property Details for 1146 Nostrand Ave

General

Price: $2,950,000
Taxes: $7,925
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 917954
Updated: 1/15/2026
Added to Site: 111 day(s) ago

Business

Business Type: Mixed

Location

County: Kings (Brooklyn)
Driving Directions: between midwood and rutland road

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Available, Electricity Available, Natural Gas Available

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Full Basement
Building Size: 3400
Square Feet: 3,400
Year Built: 1930

Lot Features

Lot Size (Acres): 0.0367
Lot Size (Sq. Ft.): 1,600

Financial Considerations

Tax Amount: $7,925.33

Disclosures and Reports

Special Conditions: None
Property ID: 05036-0046

Listed by Douglas Elliman Real Estate

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— 1146 Nostrand Ave —

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516-307-9406

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Schools

Schools serving 1146 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
Ms 61 Gladstone H Atwell 400 Empire Boulevard, Brooklyn, NY 11225	6-8	0.3 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 1146 Nostrand Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/01/2025

Listed

$2,950,000

232.39%

MLS

7/13/2015

Sold

$887,500

—

Public Record

Get Price Alerts and Save Property

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 1146 Nostrand Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7,965

5%

$63,721

-81%

2024

$7,616

8%

$343,350

8%

2023

$7,052

10%

$318,600

2%

2022

$6,407

7%

$313,200

25%

2021

$6,013

-2%

$250,650

21%

2020

$6,114

3%

$207,900

—

2019

$5,958

40%

$207,900

363%

2017

$4,242

—

$44,888

35%

2017

$4,242

7%

$33,350

8%

2016

$3,981

—

$30,880

—

2015

$3,978

9%

$30,880

3%

2014

$3,642

6%

$29,920

8%

2013

$3,446

—

$27,705

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1146 Nostrand Avenue, Brooklyn, NY 11225 (MLS# 917954) is a Commercial property. 1146 Nostrand Avenue is currently listed for $2,950,000 and was received on October 01, 2025. Want to learn more about 1146 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.

1146 Nostrand Ave Brooklyn, NY 11225