850 Nostrand Avenue, Brooklyn, New York, NY 11225


Address: 850 Nostrand Avenue, Brooklyn, New York, NY 11225
Owner: AREP I LLC

850 Nostrand Avenue, Brooklyn, New York, NY 11225 (Parcel #3012750040) is a property assessed by City of New York, Department of Finance (DOF). The owner is AREP I LLC. The assessed value is 615600.

Property Overview

Borough-Block-Lot-Easement (BBLE) 3012750040
Borough: 3 (Brooklyn), Block: 1275, Lot: 40
Property Address 850 Nostrand Avenue
Brooklyn
New York, NY 11225
House Number Range 850 - 854
Owner AREP I LLC
Building Class K2 (MULTI-STORY RETAIL BUILDING (2 OR MORE))
Property Tax Class 4 (ALL OTHERS)
Lot Width 47
Number of Stories 2
Assessment Year 2017/18
Estimated Market Value 1368000
Actual Assessed Total Value 615600
(45% of estimated market value)
Transitional Assessed Total Value 602417
Building Width 47
Building Depth 64
Assessment Period When File Created FINAL

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 287000 287000 1423000 1368000
Actual Assessed Value 129150 129150 129150 640350 615600 615600
Actual Exempt Value 0 0 0 0 0 0
Transitional Assessed Value 129150 129150 129150 595847 602417 602417
Transitional Exempt Value 0 0 0 0 0 0
Estimated market value changed on 08/31/2016. Tentative assessed value changed on 08/31/2016. Final assessed value changed on 08/31/2016.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2009/10 641000 0.00% 288450 64350
2010/11 799000 24.65% 359550 64350
2011/12 1219000 52.57% 548550 85950
2012/13 1295000 6.23% 582750 129150
2013/14 1357000 4.79% 610650 129150
2014/15 1302000 -4.05% 585900 129150
2015/16 1345000 3.30% 605250 129150
2016/17 1423000 5.80% 640350 129150
2017/18 1368000 -3.87% 615600 129150

Property Location

Borough-Block-Lot-Easement (BBLE) 3012750040
Borough: 3 (Brooklyn), Block: 1275, Lot: 40
Property Address 850 Nostrand Avenue
Brooklyn
New York, NY 11225
House Number Range 850 - 854
Borough Brooklyn
Zip Code 11225

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Dataset Information

Data Provider City of New York, Department of Finance (DOF)
Jurisdiction New York

This dataset includes 1.07 million properties assessed by City of New York, Department of Finance (DOF). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of New York taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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