571 NostrandBrooklyn, NY 11216

  • Investment properties
  • 3,833 SF
Off market
$387,000 Estimated

Property Details for 571 Nostrand

Year built
1910
Lot size
0.04 AC
Property size (Sq ft)
3,833 SF
Zone code
R6A
Property type
Investment properties
Property subtype
Live-work space
APN
01201-0075
APU
12010075

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $633,709
    6.5%
    $584,962
    7%
    $543,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $500,820
    Geo Method
    $500,820
  • Alternative Use

    Use
    Valuation
    Residential
    $725,354
    Hospitality
    $664,420
    Educational
    $552,790
    Medical
    $571,801
    Retail
    $859,895

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6778
Longitude
-73.9494
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$20,514
$82,800
$304,200
$387,000
-
$184,000
$676,000
$860,000

FAQs

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