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$ 1,400,000
Est. payment | /mo
1,225 Sqft Lot
$ 1,400,000
Est. payment | /mo
1,225 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11803053
Year Built 1920
Annual Tax Amount $7,554
Lot Size 1,225 Sqft
Property Description
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.
Location
State NY
County 36047
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 3
Water Municipal
Structure Type Masonry - Brick
NEARBY SCHOOL & BUSINESS