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1777 Nostrand Avenue,
Brooklyn, NY 11226
Closed
$2,400,000
Overview
Bankruptcy Sale
1777 Nostrand Avenue,
Brooklyn, NY 11226
5
5570 SFDescription
5 story mid-construction multifamily building slated for 9 residential units with a 421A tax exemption in place.
Property Snapshot
• Mid-construction, multifamily building on Nostrand Avenue in prime Flatbush, Brooklyn
• 5-story residential building slated for 9 residential units featuring a duplex penthouse
• Construction is approximately 90% complete
• 421A tax abatement approved
• 5,570 SF building on a 2,000 sq ft lot
• R6 and C2-3 Zoning
• One block to Newkirk Ave Subway Station (2 and 5 trains)
• Close proximity to Flatbush Ave retail corridor
Auction Details
Bid Deadline: September 24, 2024 at 5:00 p.m.
Auction Date: September 26, 2024 at 2:30 p.m.
Opening Bid: $1,250,000
(Subject to Bankruptcy Court Approved)
Documents 
Area Map
3D Map
Description
5 story mid-construction multifamily building slated for 9 residential units with a 421A tax exemption in place.
Property Id : 47874
Property Size: 5,570 ft2
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