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    12020 Flatlands Ave Brooklyn, NY 11207

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    For Lease
    Contact for pricing

    Retail opportunity in a transformative, high-traffic Brooklyn development.

    Property size:
    128,000 SF
    Lot size:
    128,000 SF

    Property Features for 12020 Flatlands Ave

    General Information

    Size
    128,000 SF

    Source: Brad Schwarz Agent Brad Schwarz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Brooklyn Development

    This retail space is part of a 1,975-unit development situated on a 10.5-acre site. The development is anchored by the Christian Cultural Center, which has a congregation of over 50,000 members. A cornerstone grocery opportunity is available at the corner of Pennsylvania and Flatlands Avenues, offering significant branding potential at a high-traffic intersection. A bus stop is located directly in front of the space. Parking is available nearby. A long lease term is offered, and tenant improvement allowance (TIA) is available. This pivotal development is intended to be transformative for the East New York area, creating an innovative urban village at the corner of Pennsylvania and Flatlands Avenues.
    Location Intelligence

    Current Use by Public Records

    Christian Cultural Center ... Religious Organization CCC Church Brooklyn Preparatory School Preparatory School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pioneer Supermarket, Food World Supermarket, Pathmark, City Fresh Market, Aden Supermarket

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.8897
    Latitude
    40.65107

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail opportunity in a transformative, high-traffic Brooklyn development.
    Where is this grocery and convenience store located?
    The property is located at 12020 Flatlands Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - 1,975-unit development site on 10.5 acres.; - Anchored by the Christian Cultural Center with a congregation of over 50,000.; - Cornerstone grocery opportunity.
    (212) 776-1290
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12020 Flatlands Ave Brooklyn, NY 11207
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