1797 Flatbush Ave, Brooklyn, NY 11210

4,400 SF | 100% Leased | Retail Building | Brooklyn, NY 11210 | $1,975,000 ($449/SF) | 7.28% Cap Rate

Asking Price $1,975,000

Property Type: Retail
Square Feet: 4,400 SF
Price / Square Foot: $449

Listing Contacts

Shlomi Bagdadi

Verified Profile

Property Info

Property Overview

Introducing 1797 Flatbush Avenue, an outstanding investment opportunity. This 4,400 SF mixed-use property, zoned R5/C2-2, is a prime asset in Brooklyn. The building has been gut renovated, boasting two 3 bedroom/ 2 bath apartments, 1 retail space, and a garage with storage.
The asset is fully leased and generating great cash-flow.
Located on the east side of Flatbush Avenue, between East 37th St and Avenue J near the Flatbush Ave - Brooklyn College subway station.
Nearest Transit: 5 & 2 trains at Flatbush Ave - Brooklyn College and the B41, BM1, B9, & B7 bus lines.
Nearby Retailers include: Starbucks, Dunkin' Donuts, Target, Auto Zone, Brooklyn College, Nike, Homegoods, and more!

Property Details

Class: B
Year Built: 1931
Stories: 3
Property Subtype: Storefront Retail/Residential
Lot Size (sq. ft): 1,742 SF

Highlights

Mixed-use building
Two 3 bedroom / 2 bath apartments
One retail space + garage with storage
Gut renovated and cash flowing
Lot Dimensions: 20 X 96
Building Dimensions: 20 X 55

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