950 Flatbush Avenue,Brooklyn, NY 11226
Brooklyn, NY 11226
Description
Presenting our latest exclusive at the newly built 950 Flatbush Avenue, a rare mixed-use investment opportunity located in one of Brooklyn’s busiest and most established commercial corridors. This well-maintained property features five residential units plus one established retail store FREE MARKET, offering strong in-place income and long-term upside. Property HighlightsLot Size: 20' x 113.67'Building Size: 20' x 55'Zoning: R7A / C4-4A (R7A Equivalent)Stories: 3Basement: Full walk-out basementAsking Price: $3,200,000Residential Configuration1 Studio Garden Apartment2 One-Bedroom Apartments2 Two-Bedroom ApartmentsCommercial ComponentThe ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month. Investment PotentialSituated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of: Strong current cash flowCreditworthy retail tenancyDesirable residential unit mixFinished basement for additional utilityValuable mixed-use zoning with potential for future developmentLocationPositioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities. This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn’s most dynamic and consistently performing investment markets.
Details
| MLS # | 1001068 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 98 |
| Listing Provided By | 5 Boro Realty Corp | Nina Sabag |
Features
| SQ Feet | 4,756 |
|---|---|
| Basement | Y |
| Units | 5 |
| Zoning | C4-4A |
| Acreage | 0.05 |
Interior
| Cooling | Electric |
|---|---|
| Heating | Other |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
Parking
| Parking Features | On Street |
|---|
Utilities
| Utilities | Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 298350 |
| Tax Annual Amount | 36848.06 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11226 |
| Listing VS Median (in 11226) | |
Price: $2,699,000 low | high Med: $999,500 sqft: 4,756 low | high Med: 3,784 $ / sqft: $567 low | high Med: $307 On site: 98 low | high Med: 187.5 | |
Market Activity 11226
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11226 |
| Listing VS Median (in 11226) | |
Price: $2,699,000 low | high Med: $999,500 sqft: 4,756 low | high Med: 3,784 $ / sqft: $567 low | high Med: $307 On site: 98 low | high Med: 187.5 | |
