768 Flatbush Ave - Storefront Retail/Residential FOR SALE
Brooklyn, NY 11226 |
768 Flatbush Ave
Brooklyn, NY 11226
HIGHLIGHTS
- 768 Flatbush Avenue, a 3-story, 4,420 square foot commercial building situated in the heart of prime Flatbush.
- Flourishing Area: Ideal for investors and end-users due to its thriving location.
- Building Dimensions: 20' x 121' on the ground level and 20' x 50' on the upper floors.
- Upper Floors: Vacant, offering a blank canvas for residential or retail conversion.
- Significant Rental Growth: 20% – 25% increase in residential and commercial rents in the neighborhood over the last 24 months.
- Upside Opportunity: Only one year remaining on the below-market retail lease, providing future upside potential.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
4420
STORIES
3
YEAR BUILT
1925
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
05063-0048
