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938-940 Flatbush Ave Brooklyn, NY 11226

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For Sale
$8,000,000

Prime mixed-use property with retail and residential units on Flatbush.

Property Features for 938-940 Flatbush Ave

General Information

Property type
Commercial
Standard status
Active

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Listing Contact
Richard Nassimi
Richard Nassimi
Source: Elliman

Listing Agency: Douglas Elliman Commercial | New York Listing Agent: Richard Nassimi

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

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Overview

Flatbush Avenue Mixed-Use Investment

The property at 938-940 Flatbush Avenue is a mixed-use investment asset located on a heavily trafficked commercial corridor in Brooklyn. It features street-level retail space with residential units above. The building benefits from in-place income and long-term upside. Situated on Flatbush Avenue, between Prospect Park and Brooklyn College, the property has visibility and consistent pedestrian and vehicular traffic. It is near the B/Q subway and multiple bus routes. The offering includes unused development rights, providing a value-add or redevelopment opportunity in a rapidly evolving neighborhood. It is suitable for investors, developers, or owner-users seeking cash flow with future expansion potential.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.958432
Latitude
40.647002

FAQs

What type of property is this?
Mixed-use property - Prime mixed-use property with retail and residential units on Flatbush.
Where is this mixed-use property located?
The property is located at 938-940 Flatbush Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: - Prime mixed-use investment property on Flatbush Avenue.; - High visibility location with heavy pedestrian and vehicular traffic.; - Strong in-place income with long-term upside potential.
More about this property
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