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INVESTMENT HIGHLIGHTS
- Five contiguous three-story mixed-use walk-up buildings.
- 1 Block away from 2 and 5 Subway Train and in close proximity to Prospect Park.
- 1738 Nostrand Ave. consists of two vacant free market residential units and one ground floor retail unit.
EXECUTIVE SUMMARY
B6 Real Estate Advisors and Keen-Summit are pleased to present for sale five contiguous three-story mixed-use walk-up buildings in the East Flatbush neighborhood of Brooklyn, NY. The subject properties, 1738 Nostrand Avenue, and 1740-1746 Nostrand Avenue, are being sold, individually or as a package, as part of a Chapter 11 bankruptcy auction:
Bid Deadline and Auction Date for this location TBD
Auction subject to Bankruptcy Court approval
Bid Deadline and Auction Date for this location TBD
Auction subject to Bankruptcy Court approval
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,700 SF
Building Class
C
Year Built/Renovated
1930/2007
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.16
Lot Size
0.05 AC
Zoning
R6 - Predominantly residential in character
Frontage
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05173-0034 | Improvements Assessment | $36,480 |
| Land Assessment | $20,400 | Total Assessment | $56,880 |
PROPERTY TAXES
Parcel Number
05173-0034
Land Assessment
$20,400
Improvements Assessment
$36,480
Total Assessment
$56,880
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1738 Nostrand Ave
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