1692 Flatbush Ave, New York, NY, 11210
$1,400,000
activeLot Size
1,225 sqft
Year Built
1920
Stories
3
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Mixed-Use Investment Opportunity. Rare entry point into Brooklyn mixed-use on one of the borough's busiest retail corridors. This three-unit building pairs a vacant ground-floor commercial space with two residential apartments above, existing income plus real upside, a profile that's hard to find on Flatbush. The ground-floor retail is delivered vacant, with 19'10" of frontage on Flatbush, giving the buyer full control to mark the space to market, secure their own tenant, or operate as an owner-user. The two apartments above provide existing residential income, so the asset works from day one while the retail rent is yours to write. Positioned directly on Flatbush Avenue with constant foot traffic, multiple bus lines at the door, and storefront visibility all day, this is a location you simply can't recreate. Whether you're an investor adding to a mixed-use portfolio or an owner-user looking to build equity while collecting rent above, the value-add potential here is real. A true Brooklyn commercial play in a corridor that's been busy for a hundred years.
Listed by Gabrielle Winters, 5 Boro Realty Corp
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