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Renovated Multifamily in Prospect Lefferts
For Sale
$1,995,000
Pending

1074 NOSTRAND AVE, Brooklyn, NY 11225

Fully renovated multifamily property in Prospect Lefferts Gardens, Brooklyn.

Property SizeContact for details
Days on Market166

Property Features for 1074 NOSTRAND AVE

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $7,476

Building Details

Year Built 1925
Stories 3
Listing Agency:
Listed By: Hilah Hadaway Williams
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Jul 23 at 9:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hilah Hadaway Williams

Investment Insights

Based on property information with market context.

Located in Prospect Lefferts Gardens, Brooklyn, 1074 Nostrand Avenue is a 20-foot-wide multifamily property. The building has been gut-renovated and offers six residences. The unit mix includes one studio, four one-bedroom apartments, and one two-bedroom home featuring skylights. The renovation included new plumbing and electrical systems, refreshed flooring, modern kitchens, and contemporary bathrooms. Additional amenities include a functional basement with dedicated tenant storage and bike storage. The property is located near public transportation, Prospect Park, the Brooklyn Botanic Garden, the Brooklyn Museum, and local dining and shopping destinations. This renovated building offers potential for rental upside.

Key Highlights

  • Fully gut‑renovated multifamily property, ensuring low maintenance and modern living.
  • Six thoughtfully designed residences, including a mix of studio, one‑bedroom, and two‑bedroom apartments.
  • Prime location in Prospect Lefferts Gardens, Brooklyn, close to transportation, Prospect Park, and cultural attractions.

Property Analytics

Current Use

Zion Church of the Truth Church

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,522
Businesses Nearby

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated multifamily property in Prospect Lefferts Gardens, Brooklyn.
Where is this apartment building located?
The property is located at 1074 NOSTRAND AVE Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Fully gut‑renovated multifamily property, ensuring low maintenance and modern living.; Six thoughtfully designed residences, including a mix of studio, one‑bedroom, and two‑bedroom apartments.; Prime location in Prospect Lefferts Gardens, Brooklyn, close to transportation, Prospect Park, and cultural attractions.
More about this property
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