718-395-1877
228 Flatbush Ave, Brooklyn, NY for Sale
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

228 Flatbush Ave
Brooklyn, NY 11217
Park Slope


OVERVIEW

TerraCRG has been exclusively retained to represent ownership in the sale of 228 Flatbush Avenue, a 4-story mixed-use building in the prime Brooklyn neighborhood of Park Slope, less than two blocks away from the Barclays Center. The approximately 5,289 SF building consists of 6 apartments over a retail store which is occupied by BKLYN Larder, a very popular specialty grocery that has operated in this location for over 15 years. Two of the residential units will be delivered vacant, one of them allowing for significant rental upside. 228 Flatbush Avenue sits on the bustling Flatbush Avenue retail corridor, where rents can exceed $120/SF. It also benefits from its proximity to Atlantic Terminal and its multiple transit line which provides the property easy access to 10 subway lines and the LIRR.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-Story Mixed-Use Building By Barclays

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R7A

APN/PARCEL ID

00933-0036

ASK ABOUT THIS PROPERTY

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

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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.