718-395-1877
1324 Flatbush Ave, Brooklyn, NY for Sale
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

1324 Flatbush Ave
Brooklyn, NY 11210
Flatbush-Ditmas Park


HIGHLIGHTS

  • 2 Free Market Units
  • 1 Retail Unit
  • 2,200 Gross SF
  • Very Low Expenses

OVERVIEW

TerraCRG has been retained to exclusively represent ownership in the sale of 1324 Flatbush Avenue – a mixed-use building in the Midwood neighborhood of Brooklyn. The ~2,200 SF property consists of two free-market 1-bedroom apartments and one store which is occupied by a real estate office. 1324 Flatbush Ave has a gross annual rent roll of ~$81,360 and a net operating income of ~$67,238 after expenses. It benefits from very low expenses due to its tax-class protected status. The property is ideally located on the busy Flatbush Avenue retail corridor, close to Brooklyn College and the Flatbush Av and Newkirk Av subway stations, which service the 2 and 5 lines.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Free Market Mixed-Use Building in Midwood

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,200 SF

ZONING

R7A, C2-4

APN/PARCEL ID

05225-0045

ASK ABOUT THIS PROPERTY

Remi NorrisTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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

Remi NorrisTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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