$1,580,000
Est. payment /mo
3,300 SqFt
Active
1368 Flatbush AVE Brooklyn, NY 11210
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Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $478
MLS Listing ID 503457
Annual Tax Amount $8,500
Property Sub-Type Mixed Use
Property Description
MIXED-USE INVESTMENT PROPERTY FOR SALE
Address: 1368 Flatbush Ave, Brooklyn, NY 11210
PROPERTY OVERVIEW:
Property Type: Mixed-Use Commercial / Residential
Lot Size: 20 ft x 100ft (Approx. 2000 sq. ft.) building Size:20X55. 3 parking spaces,
Zoning: R7A / C2-4 Commercial Overlay
Features: Full basement and rear garage access
BUILDING LAYOUT:
Ground Floor: Retail storefront with steady commercial income
Second and Third Floors: Two renovated 3-bedroom, 2-bathroom residential apartments
Basement: Full open basement for storage and utilities
KEY INVESTMENT HIGHLIGHTS:
1. Strong Cash Flow: Dual income stream from prime retail tenant and residential units.
2. High Development Potential: R7A zoning provides significant air rights and redevelopment options.
3. Assemblage Opportunity: Option to pair with adjacent parcel at 1366 Flatbush Ave for a larger-scale development package.
4. Prime Location: Situated on a high-traffic Flatbush commercial corridor near public transit.
Address: 1368 Flatbush Ave, Brooklyn, NY 11210
PROPERTY OVERVIEW:
Property Type: Mixed-Use Commercial / Residential
Lot Size: 20 ft x 100ft (Approx. 2000 sq. ft.) building Size:20X55. 3 parking spaces,
Zoning: R7A / C2-4 Commercial Overlay
Features: Full basement and rear garage access
BUILDING LAYOUT:
Ground Floor: Retail storefront with steady commercial income
Second and Third Floors: Two renovated 3-bedroom, 2-bathroom residential apartments
Basement: Full open basement for storage and utilities
KEY INVESTMENT HIGHLIGHTS:
1. Strong Cash Flow: Dual income stream from prime retail tenant and residential units.
2. High Development Potential: R7A zoning provides significant air rights and redevelopment options.
3. Assemblage Opportunity: Option to pair with adjacent parcel at 1366 Flatbush Ave for a larger-scale development package.
4. Prime Location: Situated on a high-traffic Flatbush commercial corridor near public transit.
Location
State NY
County Kings (brooklyn)
Area Flatbush
Rooms
Basement Unfinished
Interior
Interior Features None
Hot Water Electric, Gas
Heating Electric, Gas
Flooring Hardwood
Heat Source Electric, Gas
Exterior
Exterior Feature Brick
Roof Type Tile
Building
Foundation Slab Concrete
Others
Energy Description Electric,Gas
Financing 1031 Exchange,Bank Mortgage,Cash,None
Listed by E House Realty & Mgt. Inc.
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