1580 Nostrand Avenue, Brooklyn
Apartment building · 93 units · built 2015 · Block 5131, Lot 1.
Building permits
- Alteration, filed Nov 11, 2020, estimated cost $1K, described as “Install a 21'-0" curb cut on the south side of Albemarle Road distant 62'-6 1/2" west of Nostrand Avenue in conjunction with New Building Application #320916158”
- Alteration, filed Jul 23, 2018, estimated cost $18K, described as “Installation of pipe scaffold as per plans. Pipe scaffold shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jul 20, 2018, estimated cost $50K, described as “Installation of temporary sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
Property taxes
- Assessment
- $7,805,700
- 2026–27 tax
- $970,951
- Market value (city estimate)
- $17,346,000
- Taxable value
- $7,805,700
- Assessed land
- $1,156,050
- Assessed improvements
- $6,649,650
Zoning
R6: floor area ratio 3.18 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 6, 2025: $70,000,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.