Brooklyn Commercial Building with
2178 Flatbush Avenue Brooklyn, NY 11234
For Sale
$1,199,000
COMMERCIAL - Brooklyn, NY
Property Size2,380 SF
Lot Size0.04 Acres
Price / SF$503.78
Days on Market299
Property Features for 2178 Flatbush Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R3- C2-2
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,380 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20108
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Masonry
- Roof type
- Flat
Listing Agency:
Bergen Basin Realty LLC
(718) 763-4110
Listed By:
Doreen Alfano
(718) 763-4110
Added: Oct 1, 2025
Changed: Jul 23
Last Checked: Jul 26 at 11:06PM
MLS# 496241
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This semi-attached commercial building is located in a high-traffic area of Brooklyn. The property features two separate units, each with large floor plans and its own HVAC system. A finished basement includes a commercial kitchen. The building is turn-key ready and will be delivered vacant. The property is zoned R3-2/C2-2. The building size is 17.5 x 68, situated on a 17.5 x 100 lot. The property is located near all public transportation and offers easy access to Belt Parkway. The property size is 2380 square feet and the lot size is 0.0402 acres. The property is located in Kings County (Brooklyn), NY.
Key Highlights
- Prime location in a high traffic area.
- Two separate units with large floor plans.
- Delivered vacant and turn‑key ready.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.4k | $26.64 |
| − Vacancy | −$2.9k | −$1.23 |
| EGI | $60.5k | $25.41 |
| − OpEx | −$18.1k | −$7.62 |
| NOI | $42.3k | $17.79 |
2,380 SF · lease $26.64/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.97M
$1.72M – $2.30M
NOI $137,945 @ 7.0% cap · market cap 11.51%
Second Best
Retail
$1.63M
$1.43M – $1.90M
NOI $114,132 @ 7.0% cap · market cap 9.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Semi-attached commercial building with two units and commercial kitchen.
Where is this storefront property located?
The property is located at 2178 Flatbush Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime location in a high traffic area.; Two separate units with large floor plans.; Delivered vacant and turn‑key ready.
