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    1281 Nostrand Ave Brooklyn, NY 11226

    For Sale
    $1,899,000

    Multi-Unit (5+) - Brooklyn, NY

    Days on Market:
    68
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 1281 Nostrand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    BEST REALTY PROFESSIONALS

    Listing agent Katia Belony (929) 287-4678

    Listing date Oct 2, 2025

    MLS# 11473296 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multi-Family Near Transportation

    This six-family property is located at 1281 Nostrand Ave in Brooklyn, NY, situated in a prime location near the 2 and 5 train station. The building features six apartments, each with two bedrooms, and three of these units will be delivered vacant. The property is located a few blocks from SUNY Downstate Medical Center, King County Hospital, Prospect Park, Botanical Gardens, and Prospect Park Zoo, as well as various restaurants. The location offers convenient access to transportation and local amenities. Some seller financing options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.949871
    Latitude
    40.655855

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building near train with vacant units and financing options.
    Where is this apartment building located?
    The property is located at 1281 Nostrand Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: - Six-family property with income potential.; - Three vacant 2-bedroom apartments available immediately.; - Prime location near 2 & 5 train station.
    (929) 287-4678
    Request Owner's contact information
    1281 Nostrand Ave Brooklyn, NY 11226
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    Brooklyn, NY 11226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1281 Nostrand Ave Brooklyn, NY 11226
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