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

517-523 Nostrand Avenue is located on the corner of Nostrand Avenue and Herkimer Street in the Bedford-Stuyvesant neighborhood of Brooklyn (Block: 1867 Lot: 15,16,17,18). The property features 32,550 buildable square feet as-of-right based on C4-5D zoning. The lot measures 77.50 ft x 100 ft, for a total of 7,750 square feet. The property is currently configured as four vacant lots and is a great site for a hotel or mixed-use development. It is located in a rapidly developing section of Bedford-Stuyvesant, steps away from both the Nostrand Avenue “A & C” Subway Station as well as the Nostrand Avenue LIRR, providing for an easy commute to Manhattan and Downtown Brooklyn. The Nostrand Avenue “A” & “C” one of the top 10 most active subway stations in Brooklyn with 5.6 billion riders annually. Nostrand Avenue has gone through a period of significant development that shows no signs of slowing down. The subject site is in close proximity to many national retailers including Walgreens, GNC, TD Bank, Foot Locker, McDonalds and Dunkin Donuts. 517-523 Nostrand Avenue offers investors and developers the opportunity to purchase a prime corner development property on the Nostrand Avenue retail corridor. The purchaser can capitalize on this properties’ 177.5 feet of total frontage and its proximity to public transportation.