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Property profile

287 Nostrand Ave Brooklyn, NY 11216

OFF-MARKET
Other commercial real estate
Property ID
US63-5589742
4,400 SF 0.04 ac lot Built 1931
Last sale May 2026 · $925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a land parcel at 287 Nostrand Avenue in Brooklyn’s Bedford-Stuyvesant neighborhood. The site totals 1,560 square feet of lot area and is situated on Nostrand Avenue between Clifton Place and Greene Avenue. Nearby transportation includes proximity to Lafayette Avenue and the Bedford-Nostrand Avenues [G] subway station, with additional bus service available via routes including the B38 and B44. The parcel is presented for development use as a development lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$107k
Assessed land$107k
Effective rate10.05%

Value estimate

· Oct 2026
$485k
$437k – $534k
Submarket $/SF estimate$1.56M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$444/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$355 – $604
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R6A
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm136.3
Parking Facility19.3
Assisted Living Facility18.0

Location

287 Nostrand Ave Brooklyn, NY 11216-1230
County assessor Recorded deeds · 3 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1213 Fulton, Brooklyn, NY 11216-2004 $6,900,000 Dec 2024 5,200 SF
1163 Fulton, Brooklyn, NY 11216-2074 $700,000 Apr 2024 4,000 SF
705 Prospect, Brooklyn, NY 11216-3540 $4,050,000 Apr 2024 2,640 SF
699 Prospect, Brooklyn, NY 11216-3510 $4,050,000 Apr 2024 1,800 SF
701 Prospect, Brooklyn, NY 11216-3510 $4,050,000 Apr 2024 1,541 SF
1337-1339 Atlantic, Brooklyn, NY 11216 $13,200,000 Sep 2023 3,216 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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