--- title: "1074 NOSTRAND Avenue, New York City, NY 11225" description: "1074 NOSTRAND Avenue, New York City, NY 11225 — Multi Family Home in Prospect Lefferts Gardens, Brooklyn, NY. Listing Price $1,995,000. In contract 3/31/2026. 7 bed, 6 bath, 1,000 sqft Illustrative Buyer Commission Share of $29,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11225/1074-nostrand-avenue-ny-11225" source: "Real Estate Rebate Team" dateModified: "2026-08-24T19:15:02.958Z" status: "Pending" --- # 1074 NOSTRAND Avenue, New York City, NY 11225 Multi Family Home in Prospect Lefferts Gardens, Brooklyn, NY Courtesy of Douglas Elliman Real Estate Last updated: August 24, 2026, 3:15 PM ## At a Glance - **Listing Price**: $1,995,000 - **Status**: In contract 3/31/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 7 - **Baths**: 6 - **Sqft**: 1,000 - **Monthly Taxes**: $623 / mo - **Price per Sqft**: $1,995 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,995,000 - **Illustrative Buyer Commission Share**: -$29,925* - **Illustrative Net Cost**: $1,965,075 *Illustrative Buyer Savings of $29,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cd43a80b-b934-49f4-9e7a-6b92c70a3fc8.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/30faa936-3e14-423d-8cf9-ade023076c14.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/931bd66c-bb31-411d-a76f-30a0747dad6b.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc3277cd-20bb-44dd-a4f3-6d0fe084db68.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/15629ef0-ab08-4f5d-b690-59f1b4ef1422.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5fd3e1a5-9045-4be6-8764-2d67c92f2108.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/75abc848-97bf-46d6-bb50-f666f93e1e5f.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b811670a-f35e-4b3a-9deb-4ee4656f2e8b.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9f4fe1c9-0832-445d-9945-9783866c7144.jpg) ![1074 NOSTRAND Avenue, New York City, NY 11225 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/21cacee6-f5d9-4295-ab82-5915ea544ce3.jpg) ## Property Overview Welcome to 1074 Nostrand Avenue, a fully reimagined 20-foot-wide multifamily in the vibrant heart of Prospect Lefferts Gardens, Brooklyn. Recently gut-renovated from top to bottom, this turn-key property offers six thoughtfully designed residences that blend style, comfort, and function-perfect for both savvy investors and discerning residents. Unit Mix Includes: One light-filled studio, ideal for efficient, contemporary living. Four chic one-bedroom apartments, each featuring modern kitchens, sleek baths, and inviting living spaces. One expansive two-bedroom home, with generous proportions and skylights that flood the space with natural light. The renovation included significant updates throughout-with new plumbing and electrical systems, refreshed flooring, modern kitchens, and contemporary bathrooms-creating stylish, functional homes designed to meet the needs of today's renters. Additional amenities include a clean, functional basement with dedicated tenant storage and bike storage, enhancing convenience and long-term tenant satisfaction. Location is everything-and here, you're just moments from public transportation, Prospect Park, the Brooklyn Botanic Garden, the Brooklyn Museum, and an array of local dining and shopping destinations. 1074 Nostrand Avenue presents a rare chance to acquire a fully renovated, low-maintenance building with strong rental upside in one of Brooklyn's most desirable neighborhoods. ## Property Details - **Property Type**: Multi Family - **Beds**: 7 - **Baths**: 6 - **Rooms**: 15 - **Sqft**: 1,000 sqft - **Stories**: 3 - **Year Built**: 1925 - **Price per Sqft**: $1,995 - **Monthly Taxes**: $623 / mo - **Listed On**: Mar 21, 2025 - **Days on Market**: 542 Days ### Residence Features - Building Other - Washer Hookup - Private Outdoor Space Over 60 Sqft - Smoke Free ## Price and Property History for 1074 NOSTRAND Avenue Review the recorded listing activity for 1074 NOSTRAND Avenue, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $130,000, or 6.1%, on February 1, 2026 - **Originally listed**: March 21, 2025 at $2,600,000 - **Entered contract**: March 31, 2026 | Date | Price | Listing event | | --- | --- | --- | | March 31, 2026 | $1,995,000 | Entered contract | | February 1, 2026 | $1,995,000 | Asking price reduced by $130,000, or 6.1% | | March 21, 2025 | $2,600,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Tax History Taxes at 1074 NOSTRAND Avenue were $7,542 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $134,580 | $14,640 | $119,940 | $37,549 | $7,542 | 20.085% (estimated) | | 2025 (FY 2025/26) | $120,300 | $14,640 | $105,660 | $37,549 | $7,542 | 20.085% (estimated) | | 2024 (FY 2024/25) | $112,020 | $14,640 | $97,380 | $37,260 | $7,484 | 20.085% | | 2023 (FY 2023/24) | $107,700 | $14,640 | $93,060 | $35,152 | $7,060 | 20.085% | | 2022 (FY 2022/23) | $84,540 | $14,640 | $69,900 | $33,163 | $6,735 | 20.309% | | 2021 (FY 2021/22) | $74,760 | $14,640 | $60,120 | $31,291 | $6,247 | 19.963% | | 2020 (FY 2020/21) | $64,020 | $14,640 | $49,380 | $31,291 | $6,585 | 21.045% | | 2019 (FY 2019/20) | $55,680 | $14,640 | $41,040 | $31,050 | $6,572 | 21.167% | | 2018 (FY 2018/19) | $29,293 | — | — | $29,293 | $6,128 | 20.919% | | 2017 (FY 2017/18) | $27,636 | — | — | $27,636 | $5,634 | 20.385% | | 2016 (FY 2016/17) | $26,076 | — | — | $26,076 | $5,213 | 19.991% | | 2015 (FY 2015/16) | $26,076 | — | — | $26,076 | $5,099 | 19.554% | | 2014 (FY 2014/15) | $25,875 | — | — | $25,875 | $4,957 | 19.157% | | 2013 (FY 2013/14) | $24,411 | — | — | $24,411 | $4,685 | 19.191% | | 2012 (FY 2012/13) | $23,030 | — | — | $23,030 | $4,276 | 18.569% | | 2011 (FY 2011/12) | $21,730 | — | — | $21,730 | $3,956 | 18.205% | | 2010 (FY 2010/11) | $21,730 | — | — | $21,730 | $3,773 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3013290046. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1074 NOSTRAND Avenue 1074 NOSTRAND Avenue, Brooklyn, NY 11225 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1925 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1074-nostrand-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11225/1074-nostrand-avenue-ny-11225) | 7 | 6 | 1,000 sqft | $1,995 | $1,995,000 (-6.1%) — In contract | Douglas Elliman Real Estate | Mar 21, 2025 | 542 days | ## Estimated Monthly Payment **$10,711 / month**, assuming a 20% down payment ($399,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $10,088 - **Property Taxes**: $623 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Prospect Lefferts G Overview of Prospect Lefferts Gardens [Explore Prospect Lefferts G](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-lefferts-g) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Prospect Lefferts Gardens - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [East Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) - [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) - [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace) - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) ## Related Links - [1074 NOSTRAND Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1074-nostrand-avenue) - [Prospect Lefferts G neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-lefferts-g) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.