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$1,399,000 Just Listed
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Property Description
Vacant, fully gutted R6 development opportunity in a high-traffic location. Existing structure with unused FAR offers potential to expand and reconfigure into up to 8 residential units plus 1 commercial unit (subject to DOB approval). Strong income upside with projected potential gross of approx. $21,000/month upon completion. Delivered vacant and ready for redevelopment. Ideal for developers, investors, or end-users seeking value-add potential. All information is deemed reliable but not guaranteed; the buyer is responsible for verifying zoning and development potential. All qualified offers considered.
Full Property Details
Full Property Details for 1614 Nostrand Ave
General
- Price: $1,399,000
- Taxes: $6,261
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 958080
- Updated: 2/3/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial
Location
- County: Kings (Brooklyn)
- Driving Directions: off tiden
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement Desc.: None
- Building Size: 3120
- Square Feet: 3,120
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.0367
- Lot Size (Sq. Ft.): 1,600
- Zoning: R6
Financial Considerations
- Tax Amount: $6,261.2
Disclosures and Reports
- Special Conditions: None
- Property ID: 05140-0009
Listed by Zalman L. Pavel
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Schools
Schools serving 1614 Nostrand Ave
School District:New York City Geographic School District 17
| Name | Grades | Distance |
|---|---|---|
Ps 399 Stanley Eugene Clarke 2707 Albemarle Road, Brooklyn, NY 11226 | K-5 | 0.2 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 1614 Nostrand Ave
Date
Details
Price
Change
Source
2/03/2026
Listed
$1,399,000
—
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 1614 Nostrand Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,416
2%
$31,943
-57%
2024
$6,270
6%
$73,680
4%
2023
$5,943
—
$70,860
17%
2022
$5,939
-50%
$60,420
17%
2021
$11,997
131%
$51,720
—
2020
$5,201
3%
$51,660
15%
2019
$5,072
11%
$44,940
99%
2017
$4,550
—
$22,608
1%
2017
$4,550
5%
$22,320
3%
2016
$4,339
8%
$21,704
6%
2015
$4,004
11%
$20,476
3%
2014
$3,616
7%
$19,970
6%
2013
$3,386
—
$18,840
—
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 1614 Nostrand Ave
1614 Nostrand Avenue, Brooklyn, NY 11226 (MLS# 958080) is a Commercial property. 1614 Nostrand Avenue is currently listed for $1,399,000 and was received on February 03, 2026. Want to learn more about 1614 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.

