Bankruptcy Auction: Mixed Use Building (Brooklyn, NY)

1738 Nostrand Avenue:
Accepting Offers for Consideration

1740 -1746 Nostrand Ave:
Under Contract

Mixed-Use Portfolio

B6 Real Estate Advisors and Keen-Summit are pleased to present for sale five contiguous three-story mixed-use walk-up buildings in the East Flatbush neighborhood of Brooklyn, NY. The subject properties, 1738 Nostrand Avenue, and 1740-1746 Nostrand Avenue, are being sold as part of a Chapter 11 bankruptcy auction:

PROPERTY HIGHLIGHTS

  • 1 Block away from 2 and 5 Subway Train and in close proximity to Prospect Park.

BANKRUPTCY SALE

Accepting Offers for Consideration | Bid Deadline/Auction Date: TBD

  • 1738 Nostrand Ave. consists of two vacant free market residential units and one ground floor retail unit.
Address1738 Nostrand Avenue
Block/Lot5173 / 34
Stories3
Building Size2,000 SF +/-
Number of Units2 Residential / 1 Retail
ZoningR6, C1-3
FAR2.43
Assessment (25/26)$37,860
RE Taxes (25/26)$7,604

Under Contract

  • 1740 -1746 Nostrand Ave. are being sold as a package and have a conjoined retail space on the ground floor (which can easily be separated into 4 separate units) and 16 rent stabilized residential units on the upper floors.

LOCATION

Keen-Summit Contacts:

Harold Bordwin, Principal and Co-President
(914) 980-8555

Chris Mahoney, Senior Managing Director
(646) 381-9205

Project Partners, B6 Real Estate Advisors LLC:

Paul J. Massey Jr., Chief Executive Officer​​​​​​​
(646) 933-2601

Jonathan Buerger, Director
(646) 933-2608

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