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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 | Improvements Assessment | $0 | |
| Land Assessment | $770,400 | Total Assessment | $770,400 |
Property Taxes
Parcel Numbers
Land Assessment
$770,400
Improvements Assessment
$0
Total Assessment
$770,400
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