1183-1189 Flatbush Ave - Storefront FOR SALE


Brooklyn, NY 11226- Flatbush-Ditmas Park
$7,500,000 USD
212-951-1041
1183-1189 Flatbush Ave, Brooklyn, NY for Sale
$7,500,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

1183-1189 Flatbush Ave
Brooklyn, NY 11226
Flatbush-Ditmas Park


HIGHLIGHTS

  • Superior Location
  • In-Place Commercial Lease
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 1183-1187 and 1189 Flatbush Avenue in Brooklyn, New York (the “Property” or “Properties”). The Property is improved with a single-story 7,975 square foot building that sits on a combined 0.30-acres of land and offers approximately 100 feet of frontage along Flatbush Avenue (in between Vanderveer Place and Avenue D). The Property is currently leased to Flatbush Discount & Deals through January 31, 2028. The Property offers developers the rare opportunity to purchase a large development site with 100 feet of frontage on Flatbush Avenue that allows for 47,200 buildable square feet “As of Right” in the Flatbush neighborhood of Brooklyn, New York. The Property is situated in an incredible urban in-fill location along Flatbush Avenue in the Flatbush neighborhood of Brooklyn. 1183-1187 & 1189 Flatbush Avenue is located between Avenue D and Vanderveer Place and enjoys convenient access to the MTA bus line, several subway stations, Prospect Park and Brooklyn College. Flatbush Avenue is one of the area’s primary commercial and commuter corridors and enjoys convenient access to area amenities including countless restaurants, retailers, businesses, and service tenants. The Property is close to several area parks and schools and is 3.1-miles from the Barclays Center, and 4-miles from Downtown Brooklyn.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$577 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R7A, R5B, C2-4

APN/PARCEL ID

05188-0014

ASK ABOUT THIS PROPERTY

Robert AaronHorvath & TremblayMore Info
212-951-1041

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Robert AaronHorvath & TremblayMore Info
212-951-1041

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.