Development Site at 537 Nostrand Avenue in Brooklyn
FOR SALE
$4,750,000
537 Nostrand Avenue, Brooklyn, NY 11216
Property Description
- 23,300 BSF Development Site
- $169 Price Per Buildable SF (With UAP Bonus)
Property Details
Asset Type
Development Site
Lot Size
5,000 SF
Neighborhood
Bedford
Submarket
Brooklyn
ZIP
11216
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$270,209
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$22,517
Annual Debt Service
$270,209
View on Map
537 Nostrand Avenue, Brooklyn, NY 11216
Address
537 Nostrand Avenue
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Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale
No investors found in this market.