Mixed-Use Property with Retail
2075 Flatbush Avenue Brooklyn, NY 11234
2075 Flatbush Avenue, Brooklyn, NY, 11234
$2,599,000
For Sale
$2,599,000
Ground-floor storefronts and attached residential units are upgraded with new A/C split units and brand-new bathrooms.
Property Size5,204 SF
Price / SF$499.42
Days on Market543
Property Features for 2075 Flatbush Avenue
General Information
- Standard status
- Active
- Size
- 5,204 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1931
Listing agency
Brooklyn4U Rltyof DykerHeights
(718) 236-1800
Listed by
Anthony Sciortino · License #AS8253
(718) 236-1800
Source
Compass
Added: Jan 25, 2025 Updated: Jul 21 at 11:36PM Checked: Jul 21 at 11:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brooklyn4U Rltyof DykerHeights
Investment Insights
Based on property information with market context.
This mixed-use property combines highly visible storefront space with an attached house providing multiple residential units. The commercial spaces include brand-new bathrooms and modern A/C split units. Behind the storefronts, the attached home on Troy Avenue offers a mix of apartments, including two one-bedroom apartments on the first floor, a two-bedroom unit on the second floor with a private patio, a two-bedroom apartment in the basement with a side yard, and a studio in the garage. Each residential unit is also equipped with new A/C split units.
Located on Flatbush Avenue, the storefronts benefit from visibility and a bus stop located right outside the property.
Overall, the configuration supports both retail and residential occupancy under one ownership, with recent interior updates for both components.
Located on Flatbush Avenue, the storefronts benefit from visibility and a bus stop located right outside the property.
Overall, the configuration supports both retail and residential occupancy under one ownership, with recent interior updates for both components.
Key Highlights
- Mixed‑use building with 7 units total: ground‑floor storefronts plus attached residential units
- Commercial spaces include brand‑new bathrooms and modern A/C split units
- Residential units include new A/C split units across the first floor, second floor, basement, and garage
Local Financial Insights For Mixed Use
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 | $343.5k | $66.00 |
| − Vacancy | −$41.2k | −$7.92 |
| EGI | $302.2k | $58.08 |
| − OpEx | −$113.3k | −$21.78 |
| NOI | $188.9k | $36.30 |
5,204 SF · lease $66.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$3.57M
$3.12M – $4.16M
NOI $249,556 @ 7.0% cap · market cap 9.60%
Second Best
Mixed Use
$2.70M
$2.36M – $3.15M
NOI $188,905 @ 7.0% cap · market cap 7.27%
Theoretical Best
Specialty Retail
$4.31M
$3.77M – $5.03M
NOI $301,624 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Ground-floor storefronts and attached residential units are upgraded with new A/C split units and brand-new bathrooms.
Where is this mixed-use property located?
The property is located at 2075 Flatbush Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: Mixed‑use building with 7 units total: ground‑floor storefronts plus attached residential units; Commercial spaces include brand‑new bathrooms and modern A/C split units; Residential units include new A/C split units across the first floor, second floor, basement, and garage
