1184 Nostrand Ave

1184 Nostrand is cash flowing, mixed use, corner property that is fully occupied. The current cap rate is 6.1% and it has real upside potential. The retail tenant is a strong operator with multiple location. It is located in Prospect Lefferts Gardens, which has seen strong value growth over the last few years. The residential tenant are long term and have a great payment history. This is a terrific opportunity for anyone in a 1031X who is looking to place money in a cash flowing asset, or diversify their equity into real estate. Please contact the listing agent for an Offering Memorandum.