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- LoopNet Team
517-523 Nostrand Ave
Brooklyn, NY 11216
Land For Sale
·
0.18 AC

Investment Highlights
- Prime Mixed-Use or Hotel Development Opportunity in Bedford-Stuyvesant
- Total of 32,550 Buildable SF
- Approved 421A- Tax Abatement
- 177.5 Feet of Combined Frontage Along Nostrand Ave. & Herkimer St.
- FAR OF 4.2 As-Of-Right; FAR 5.6 for Inclusionary Housing
- Clean Environmental
Property Facts
Description
517-23 Nostrand Ave. offers investors & developers the opportunity to purchase a prime corner development property on the Nostrand Ave. retail corridor. The purchaser can capitalize on this property's 177.5' of total frontage. The property is currently configured as 4 vacant lots & is a great site for a hotel or mixed-use development. It is attractively located on the corner of Nostrand & Herkimer St. in the highly desirable neighborhood of Bedford-Stuyvesant, Brooklyn, steps away from both the Nostrand Avenue "A & C" Subway Station- boasting 5.6B riders annually.
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
| Land Assessment | $805,950 | Total Assessment | $805,950 |
Property Taxes
- 01867-0018
- 01867-0016
- 01867-0017
- 01867-0015
Listing ID: 36026464
Date on Market: 5/29/2025
Last Updated:
Address: 517-523 Nostrand Ave, Brooklyn, NY 11216
The Bedford-Stuyvesant Land Property at 517-523 Nostrand Ave, Brooklyn, NY 11216 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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