$10,000 Closing Credit¹
#RLS20020906, Zarina Khaydarova-Rivera, Listing office: Serhant
$1,899,999 List price
1281 Nostrand Ave Brooklyn, NY 11226
$10,000
Closing credit¹
6 full
Multi-Family
Property details
About 1281 Nostrand Ave
Investment Opportunity in Prime Brooklyn Welcome to a rare opportunity to own a solid six-family brick building located in the heart of Brooklyn’s bustling East Flatbush neighborhood. This well-maintained, income-producing property is perfect for investors seeking consistent rental revenue and long-term growth potential in one of Brooklyn’s most dynamic and evolving corridors. Property Highlights: 6 Family Brick Building – Fully occupied, offering strong rental income Residential Units: (6) spacious 2-bedroom apartments with excellent layout and natural light. Great upside potential through rental increases or possible upgrades Close proximity to major transit lines (2/5 subway lines at Church Ave) Located on a vibrant commercial corridor with shops, dining, and amenities at your doorstep Minutes from Prospect Park, Kings Theater, and SUNY Downstate Medical Center Whether you're a seasoned investor or looking for your first multi-family asset in a high-demand rental area, this property offers the stability and upside every buyer is looking for.
Highlights
Home typeMulti Family
HeatingBaseboard, Oil
StatusActive
BasementYes
ParkingNone, Street
MLS #493554
Summary
- Full Bathrooms: 6
- Appliances: Refrigerator
- Basement: Yes
- Flooring Type: Ceramic
- Attached Garage: No
- Parking: None, Street
- Heating: Baseboard, Oil
- List Price: $1,899,999
- Annual Tax Amount: $13,257
- Tax Year: 2024
- MLS Number: 493554
- Office Name: Best Realty Professionals
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Last updated on: 6/27/2025, 5:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,899,999
1281 Nostrand Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $397,980 | $13,257 |
| 2023 | $331,650 | $12,841 |
| 2021 | $221,085 | $10,806 |
| 2019 | $214,650 | $10,174 |
| 2018 | $79,011 | $9,306 |
| 2017 | $73,171 | $8,736 |
History based on county public records data.
Nearby schools
3
P.S. 92 Adrian Hegeman School
Public District KG-5
0.2 mi
•601 Parkside Ave
6
P.S. 397 Foster-Laurie School
Public District PK-5
0.3 mi
•490 Fenimore St
7
Lefferts Gardens Ascend Charter School (Lgacs)
Public Charter KG-2
0.3 mi
•870 Albany Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,096. Typical income of Brooklyn, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
45%
35k-100k
17%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
21%
Single, with Kids
13%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
IKEA
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Starbucks
What do the neighbors drive?
Lexus
Toyota
Audi
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1281 Nostrand Ave
The listing price of 1281 Nostrand Ave property is $1,899,999.
The property 1281 Nostrand Ave is a multi located in Brooklyn, New York, 11226.
Active Listing: 1281 Nostrand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1281 Nostrand Ave are: P.S. 92 Adrian Hegeman School (GreatSchools Rating 3/10), P.S. 397 Foster-Laurie School (GreatSchools Rating 6/10), Lefferts Gardens Ascend Charter School (Lgacs) (GreatSchools Rating 7/10), Explore Charter School (GreatSchools Rating 7/10), Parkside Preparatory Academy (GreatSchools Rating 5/10), Achievement First Voyager Charter School (GreatSchools Rating 6/10), High School for Public Service-Heroes of Tomorrow (GreatSchools Rating 5/10), Brooklyn Institute for Liberal Arts (GreatSchools Rating 5/10), School for Human Rights (The) (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $13,257 (source: MLS/based on county public records data).
This home is located at 1281 Nostrand Ave in Brooklyn, NY and zip code 11226 in the Prospect Lefferts Gardens neighborhood. Features: 6 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $1,899,999.
Brooklyn, NY housing market in May 2025 saw over 37 listings sold above listed price, more than 227 sold at listed price and over 172 sold below. Between April and May 2025, Brooklyn, NY real estate market has seen increase in the number of listings by 0.2%. While the average time on the market in May 2025 was 118 days, the median list price was $992,262.
From Rocket Homes Real Estate and based on county public records data.