1228 Flatbush Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11226- Flatbush-Ditmas Park
$2,500,000 USD
718-781-2024
1228 Flatbush Ave, Brooklyn, NY for Sale
$2,500,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

1228 Flatbush Ave
Brooklyn, NY 11226
Flatbush-Ditmas Park


HIGHLIGHTS

  • Prime Location
  • Two newly renovated residential apartments 100% leased
  • Restaurant tenant on the ground floor

OVERVIEW

1228 Flatbush Avenue is a three-story, mixed-use building comprising approximately 3,300 square feet on a 1,600-square-foot lot (20 ft x 80 ft). Built in 1933, the property is zoned R6 and classified as S2, indicating a primarily two-family residence with one store or office. With a Floor Area Ratio (FAR) of 2.06, the building offers a strong blend of residential and commercial utility. The ground floor is currently occupied by a restaurant tenant, while the upper two floors feature two newly renovated residential apartments, making it a fully leased and income-generating asset.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$758 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,600 SF

ZONING

R-6

APN/PARCEL ID

05209-0007

ASK ABOUT THIS PROPERTY

John FischerMetro World PropertiesMore Info
718-781-2024

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John FischerMetro World PropertiesMore Info
718-781-2024

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