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In-PersonVirtual Tour
$1,399,999
Est. payment /mo
3,075 SqFt
Open House
Thu Jul 16, 1:00pm - 1:30pm
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,075 sqft
Price per Sqft $455
MLS Listing ID 502604
Year Built 1933
Annual Tax Amount $6,877
Lot Dimensions 21X89
Property Sub-Type Mixed Use
Property Description
Investor Special! Mixed-Use Property with Huge Upside on Flatbush Ave.
Here's your chance to own a mixed-use property in one of Brooklyn's busiest commercial corridors. Located on high-traffic Flatbush Avenue with constant foot and vehicle traffic, this property is also just a short distance to the 2 & 5 trains, making it easily accessible from anywhere in NYC.
The existing building measures approximately 21' x 60' and sits on a 21' x 89' lot. It currently features a retail storefront on the first floor with two residential apartments above and will be delivered completely vacant—no tenants to deal with and ready for your next project.
Renovate and create a strong income-producing property, or take advantage of the redevelopment potential. Zoned R6 with an approximate FAR of 3, the property may allow for up to approximately 5,457 square feet of buildable area (buyer to verify all zoning and development potential with their architect).
Surrounded by new development and established businesses, this is an excellent opportunity for investors, builders, or anyone looking to add value in a prime Brooklyn location.
Property is being sold as-is, where-is. Cash or hard money financing is preferred. Bring your vision and don't miss this opportunity to own on one of Brooklyn's most desirable commercial avenues!
Here's your chance to own a mixed-use property in one of Brooklyn's busiest commercial corridors. Located on high-traffic Flatbush Avenue with constant foot and vehicle traffic, this property is also just a short distance to the 2 & 5 trains, making it easily accessible from anywhere in NYC.
The existing building measures approximately 21' x 60' and sits on a 21' x 89' lot. It currently features a retail storefront on the first floor with two residential apartments above and will be delivered completely vacant—no tenants to deal with and ready for your next project.
Renovate and create a strong income-producing property, or take advantage of the redevelopment potential. Zoned R6 with an approximate FAR of 3, the property may allow for up to approximately 5,457 square feet of buildable area (buyer to verify all zoning and development potential with their architect).
Surrounded by new development and established businesses, this is an excellent opportunity for investors, builders, or anyone looking to add value in a prime Brooklyn location.
Property is being sold as-is, where-is. Cash or hard money financing is preferred. Bring your vision and don't miss this opportunity to own on one of Brooklyn's most desirable commercial avenues!
Location
State NY
County Kings (brooklyn)
Area Flatbush
Zoning R6
Rooms
Basement Full
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Re/Max Central
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716