Nostrand Place
Brooklyn, New York, United States
Type
Retail
Strategy
Income Producing
Sq Feet
70,010
Nostrand Place is a stable, service-driven shopping and office center located in the densely populated Sheepshead Bay neighborhood of Brooklyn, NY. The center boasts a diversified tenant mix with strong visibility on a highly trafficked, major avenue. Value creation will be achieved by bolstering market rents through renewal increases, lease-up of vacant space, replacing select tenants with nationally known retailers, and increasing parking lot income.
