938 Flatbush Ave - Retail FOR SALE


Brooklyn, NY 11226- Flatbush-Ditmas Park
$8,000,000 USD
516-209-1327
938 Flatbush Ave, Brooklyn, NY for Sale
$8,000,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

NEW


938 Flatbush Ave
Brooklyn, NY 11226
Flatbush-Ditmas Park


OVERVIEW

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

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$764 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C4-4A

APN/PARCEL ID

05102-0041

ASK ABOUT THIS PROPERTY

Richard NassimiDouglas EllimanMore Info
516-209-1327

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Richard NassimiDouglas EllimanMore Info
516-209-1327

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