2251 Nostrand Ave

Ariel Property Advisors presents 2251 Nostrand Avenue, a mixed-use development opportunity with significant scale between the Central Brooklyn neighborhoods of Flatbush and Midwood, within a designated Opportunity Zone. The corner site consists has over 326’ of frontage alongside Nostrand Avenue and Avenue I. The mixed R6, C8-2, and C2-2 zoning allows for 66,690 buildable square feet (“BSF”). The community facility component allows for an increase to 91,969 BSF. Currently, proposed plans, which can be amended, exist for the site. Located near the junction of Nostrand Avenue and Flatbush Avenue and across the street from Brooklyn College, this site offers prospective developers with the ability to introduce a mixed-use project with full amenities. The area has seen a considerable amount of new residential and retail development. The neighborhood is densely populated with local and national retailers, with the Triangle Junction mall located just one block away. Key transportation options include the 2 and 5 subway lines accessible from the Flatbush Avenue – Brooklyn College station situated two blocks away. The average weekday subway ridership for this station is nearly 20,000 riders. Additionally, multiple city bus lines service the area. High concentration in the area is evident through the total and daytime populations within a 1-mile radius, which are approximately 142,000 and 108,000 respectively.