#RLS20020914, Zarina Khaydarova-Rivera, Listing office: Serhant
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
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/21/2025, 7:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Residents of Brooklyn, NY typically earn between $35k-100k each year. The majority of families are single, no kids. 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
Similar homes for sale
2 hours on RocketTour
#RLS20038104, MALCOLM L ADAMS, Listing office: Compass
6 days on Rocket
#889179, Listing office: Real Estate Authorities Inc
#494074, Listing office: Century 21 Achievers
#RLS20019469, Jack LeGuelaff, Listing office: Compass
#493212, Listing office: Vanguard R E Brokerage Group
#493436, Listing office: Vanguard R E Brokerage Group
#855812, Listing office: Century 21 Milestone Team Rlty
#RLS11017744, Avishai M Adiv, Listing office: Brick Real Estate LLC
#RLS20032123, Jonathan Lavoie, Listing office: Compass
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.
In June 2025 more than 44 listings in Brooklyn, NY were sold above the asking price. During the same period more than 293 listings were sold at asking price, while more than 155 were sold below. In June 2025 in Brooklyn, NY there were 5% less homes for sale than in May. In June 2025, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $1,019,077.
From Rocket Homes Real Estate and based on county public records data.