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1742 Flatbush Ave
Brooklyn, NY 11210

$930,000 USD

Storefront Retail Residential For Sale  •  1,980 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 1,980 SF
  • Lot Size 0.03 AC
  • Building Class B
  • Year Built 1920
  • Cap Rate 6.41 %
  • Tenancy Multiple
  • Zoning R5
97 Transit Score
90 Walk Score

Highlights

Calling All Investors, Developers, & End-Users!!! Free Market Mixed-Use Building On Flatbush Ave. For Sale!!!
The Property Features Excellent Signage, Great Exposure, (1) Free Market 2Br. Apt., Strong R5/C2-2 Zoning, High 9’ Ceilings, Low Property Taxes, +++!!
The Property Is Located In The Heart Of Brooklyn Only A Few Blocks From Kings Highway!!!
Neighbors Include Starbucks, Toyota, Acura, Honda, USPS, UPS, Chase Bank, T-Mobile, Target, ShopRite, Optimum, Staples, Life Storage, Dunkin’, +++!!!
The Entire Building Can Be Delivered Vacant If Need Be!
This Property Offers HUGE Upside Potential!!!

Financial Summary (Actual)

Net Operating Income: $59,624 USD (2021)
Cap Rate: 6.41 %
Total Expenses: $6,376 USD

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 13 min - 3.9 mi
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 9 min - 4.8 mi
Transit/SubwayDriveWalkDistance
Brooklyn College-Flatbush Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Newkirk Avenue (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 4 min 18 min 1.0 mi
Avenue J (Q - New York MTA Subway (The Subway)) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
John F Kennedy International 20 min - 11.8 mi
Laguardia 29 min - 13.1 mi
Newark Liberty International 37 min - 20.5 mi
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial