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Image 1 - 726 Nostrand Ave, Brooklyn, New York, 11216 - Apartment for sale
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Flat For Sale In Brooklyn, New York
726 Nostrand Ave, Brooklyn, New York, 11216

Flat For Sale In Brooklyn, New York

apartment for sale
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Listed: 04/21/24

726 Nostrand Ave, Brooklyn, New York, 11216

6 Bed:
6.5 Bath:
6,688 Sq Ft Living Area:
Save
Price
$ 1,8M

About This Apartment

726 Nostrand Avenue is an oversized mixed-use building in the center of North Crown Heights. Built in 1931, the building stands four stories in height, with three floors of residential apartments above a commercial space. Oversized is not an exaggeration. The lot is 3045 sq ft, 21.75' by 140'. The building contains 6688 sq ft, and because of the R6A zoning designation, there is an additional 2447 sq ft that can be built on the lot. The residential portion of the building is rent-stabilized, but the value of a mixed-use building is often determined by the quality of its commercial space, and 726 Nostrand has an amazing retail opportunity. The commercial space is absolutely huge, 21 feet wide by 117 …  Full description

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Crown Heights Housing & Living

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.