1692 Flatbush Ave, Brooklyn, NY 11210
- $1,400,000
- List Price
- $1,400,000
- MLS#
- 1010556
- Status
- ACTIVE
- Lot Size
- 1225
Property Description
Mixed-Use Investment Opportunity. Rare entry point into Brooklyn mixed-use on one of the borough's busiest retail corridors. This three-unit building pairs a vacant ground-floor commercial space with two residential apartments above, existing income plus real upside, a profile that's hard to find on Flatbush. The ground-floor retail is delivered vacant, with 19'10" of frontage on Flatbush, giving the buyer full control to mark the space to market, secure their own tenant, or operate as an owner-user. The two apartments above provide existing residential income, so the asset works from day one while the retail rent is yours to write. Positioned directly on Flatbush Avenue with constant foot traffic, multiple bus lines at the door, and storefront visibility all day, this is a location you simply can't recreate. Whether you're an investor adding to a mixed-use portfolio or an owner-user looking to build equity while collecting rent above, the value-add potential here is real. A true Brooklyn commercial play in a corridor that's been busy for a hundred years.
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Additional Information
- Year Built
- 1920
- Stories
- 3
- School District
- Brooklyn 22
- Total Taxes
- 7554
- Heating
- Baseboard
- Basement
- Finished
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $7,554
Mortgage Calculator
Listing courtesy of Listing Agent: Gabrielle Winters (gabrielle@5brc.com) from Listing Office: 5 Boro Realty Corp.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.