525, 527, 529, 543-545 Nostrand Avenue
Marcus & Millichap is pleased to offer 525, 527, 529, 543-545 Nostrand Avenue, located between Herkimer Street and Atlantic Avenue in the Bedford-Stuyvesant section of Brooklyn. The subject properties are all four story mixed-use buildings that consist of four units with street level retail and apartments or office above with approximately 15,625 gross square feet.
525 Nostrand Avenue is built 19.33 ft x 80 ft on the first floor, 19.33 ft x 45 ft on the second floor, 19.33 ft x 40 ft on the third and fourth floors and sits on a 19.33 ft x 100 ft lot.
527 & 529 Nostrand Avenue are each built 19.33 ft x 45 ft on the first and second floors, 19.33 ft x 40 ft on the third and fourth floors and sit on a 19.33 ft x 100 ft lot.
543 & 545 Nostrand Avenue is built 30 ft x 69 ft on the first floor, 30 ft x 50 ft on the second floor, 30 ft x 40 ft on the third floor and sits on a 30 ft x 69.92 ft lot.
The properties are all zoned C4-5D allowing for a total of approximately 33,135 total buildable square feet as of right. (Block: 1867, Lots: 14, 13, 12, 5). This property offers investors and developers the rare opportunity to purchase four mixed use buildings with renovated free market apartments and substantial available air rights on Nostrand Avenue in the Bedford-Stuyvesant section of Brooklyn, New York.