938–940 Flatbush Avenue presents a rare opportunity to acquire a prime mixed-use investment asset along one of Brooklyn’s most heavily trafficked commercial corridors. The property features street-level retail with residential units above, benefiting from strong in-place income and long-term upside.
Situated on Flatbush Avenue between Prospect Park and Brooklyn College, the building enjoys exceptional visibility, consistent pedestrian and vehicular traffic, and proximity to major transportation lines, including the B/Q subway and multiple bus routes.
The offering includes significant unused development rights (air rights), providing a compelling value-add or redevelopment opportunity in a rapidly evolving neighborhood. Ideal for investors, developers, or owner-users seeking stable cash flow with future expansion potential.
Offered exclusively by TNG