577A Nostrand Avenue

• No History of Rent Regulation: The property has never been subject to rent regulation.
• Delivered Vacant: The property will be delivered fully vacant. This gives a purchaser full control over renovation scope, unit configuration, and lease-up, with no buyout costs, holdover risk, or legacy rent roll constraints. The asset is ready for immediate repositioning toward market rents.
• Owner User Potential: Vacant ground floor commercial and floor through residential units allows for immediate owner-occupancy of all or a portion of the building.
• Mixed-Use Asset Profile: Residential units above commercial space provides diversified income streams and long-term demand from both tenants and owner-users.
• Prime Crown Heights Retail Corridor: Located on Nostrand Avenue between Pacific and Dean Streets, and steps from Atlantic Avenue and Fulton Street, offering a dense mix of residential and retail with steady foot and vehicle traffic.
• Transportation Accessibility: The A/C trains, B44 Select Bus Service, and Nostrand Avenue LIRR station are all within 2-3 blocks away, offering direct access to the Barclays Center, Downtown Brooklyn, Manhattan, and Long Island.