Bankruptcy Auction: Mixed Use Building (Brooklyn, NY)

1738 Nostrand Avenue:
Bid Deadline: Aug. 12
Auction Date: Aug. 18
Minimum Bid: $1,020,000

1740 -1746 Nostrand Ave:
SOLD

B6 Real Estate Advisors and Keen-Summit are pleased to present the three-story mixed-use walk-up building in the East Flatbush neighborhood of Brooklyn, NY. The subject property is 1738 Nostrand Avenue, being sold as part of a Chapter 11 bankruptcy auction:

BANKRUPTCY AUCTION

Bid Deadline: August 12, 2026

Auction Date: August 18, 2026

Minimum Bid: $1,020,000

1738 Nostrand Ave., East Flatbush, Brooklyn

  • Two free market residential units and one ground floor retail unit.
  • 1 Block away from 2 and 5 Subway Train and in close proximity to Prospect Park.
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

If you are interested in receiving the recent appraisal and additional documents, please execute and return the NDA to Heather Milazzo (hmilazzo@keen-summit.com).

LOCATION

SOLD

  • 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.

Keen-Summit Contacts:

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

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

Heather Milazzo, Managing Director
(646) 381-9207

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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