1797 Flatbush Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11210- Flatlands
$1,975,000 USD
718-437-6100
1797 Flatbush Ave, Brooklyn, NY for Sale
$1,975,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 7.28% Cap Rate

1797 Flatbush Ave
Brooklyn, NY 11210
Flatlands


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

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!

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$514 USD /SF

CAP RATE

7.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R5/C2-2

APN/PARCEL ID

07618-0029

ASK ABOUT THIS PROPERTY

Shlomi BagdadiTri State CommercialMore Info
718-437-6100

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Shlomi BagdadiTri State CommercialMore Info
718-437-6100

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