950 Flatbush Ave - Storefront Retail/Office FOR SALE


Brooklyn, NY 11226- Flatbush-Ditmas Park
$3,200,000 USD
917-705-0005
950 Flatbush Ave, Brooklyn, NY for Sale
$3,200,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

950 Flatbush Ave
Brooklyn, NY 11226
Flatbush-Ditmas Park


HIGHLIGHTS

  • Free Market | Newly Built | Smart System | Sep Utilities | Available SQFT | Sep Basement

OVERVIEW

Presenting our latest exclusive at the newly built 950 Flatbush Avenue, a rare mixed-use investment opportunity located in one of Brooklyn’s busiest and most established commercial corridors. This well-maintained property features five residential units plus one established retail store FREE MARKET, offering strong in-place income and long-term upside. Property Highlights Lot Size: 20' x 113.67' Building Size: 20' x 55' Zoning: R7A / C4-4A (R7A Equivalent) Stories: 3 Basement: Full walk-out basement Asking Price: $3,200,000 Residential Configuration 1 Studio Garden Apartment 2 One-Bedroom Apartments 2 Two-Bedroom Apartments Commercial Component The ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month. Investment Potential Situated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of: Strong current cash flow Creditworthy retail tenancy Desirable residential unit mix Finished basement for additional utility Valuable mixed-use zoning with potential for future development Location Positioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities. This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn’s most dynamic and consistently performing investment markets.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C4-4A/R7A

APN/PARCEL ID

05102-0047

ASK ABOUT THIS PROPERTY

Nina Sabag5 Boro RealtyMore Info
917-705-0005

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Nina Sabag5 Boro RealtyMore Info
917-705-0005

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