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    1952 Nostrand Ave Brooklyn, NY 11210

    Sponsored
    For Sale
    $900,000

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.05 Acres
    Days on Market:
    54
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 1952 Nostrand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    05231-0037
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant
    Water source
    Public

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Brick

    Astor Brokerage Ltd. (718) 263-4500 [email protected]

    Listing agent Mordechai Striks (917) 722-1338

    Listing date Nov 13, 2025

    Copyright © 2025 OneKey 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 Multifamily Development Opportunity

    This property, located in Brooklyn, New York, features approved plans for the construction of a 4-story building containing 12 units. The lot measures 20x100 feet, equating to approximately 0.0465 acres. This residential land and home lot presents a multifamily development opportunity in the Kings County (Brooklyn) area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    -73.948535
    Latitude
    40.637922

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    FAQs

    What type of property is this?
    Residential land & home lot - Approved plans for 4-story, 12-unit building in Brooklyn.
    Where is this residential land & home lot located?
    The property is located at 1952 Nostrand Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Approved plans for **4-story, 12-unit building**; - 20x100 building size; - Brick construction
    (917) 722-1338
    Request Owner's contact information
    1952 Nostrand Ave Brooklyn, NY 11210
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    Brooklyn, NY 11210
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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
    1952 Nostrand Ave Brooklyn, NY 11210
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