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Development Site at 537 Nostrand Avenue in Brooklyn

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

Download

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

Address

537 Nostrand Avenue

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Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale

No investors found in this market.

Contact the Listing Team

Daniel Greenblatt

Daniel Greenblatt

Licensed Associate Real Estate Broker

73 closed

Call
Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call
John Lopez

John Lopez

Development

9 closed

Call

Send a Message

Daniel Greenblatt

Daniel Greenblatt

Licensed Associate Real Estate Broker

73 closed

Call
Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call
John Lopez

John Lopez

Development

9 closed

Call