Mixed-Use Retail and
1310-1312 Flatbush Avenue Brooklyn, NY 11210
1310-1312 Flatbush Avenue, Brooklyn, NY, 11210
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For Sale
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Two adjoining buildings offer ground-floor retail with four renovated residences in each, accessed privately from Bedford Avenue.
Property Size9,000 SF
Price / SF$622.11
Days on Market10
Property Features for 1310-1312 Flatbush Avenue
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Building Details
- Year Built
- 1931
Listing Agency
Revived Residential
Listed by
Rob Burnett · License #10301223506
Source
Crexi
Added: Jul 8 Checked: Jul 15 at 12:01 pm
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 Revived Residential
Investment Insights
Based on property information with market context.
The Bedford Flats is an offering of two adjoining mixed-use buildings. Each building includes a ground-floor retail space fronting Flatbush Avenue along with four fully renovated free-market residences. The residences feature a private residential entrance on Bedford Avenue and include two- and three-bedroom layouts with in-unit washer/dryers, central air conditioning, dishwashers, and modern finishes.
The property is positioned along the Flatbush corridor, with ground-floor retail frontage on Flatbush Avenue and residential access via Bedford Avenue. The public remarks also note convenient proximity to neighborhood shopping and dining, public transportation, and Brooklyn College.
Overall, the configuration provides both street-level retail space and separately entered residential units across two adjoining structures, each with independently accessed residential entry.
The property is positioned along the Flatbush corridor, with ground-floor retail frontage on Flatbush Avenue and residential access via Bedford Avenue. The public remarks also note convenient proximity to neighborhood shopping and dining, public transportation, and Brooklyn College.
Overall, the configuration provides both street-level retail space and separately entered residential units across two adjoining structures, each with independently accessed residential entry.
Key Highlights
- Two adjoining mixed‑use buildings with ground‑floor retail and four renovated free‑market residences per building
- Each building has one ground‑floor retail space fronting Flatbush Avenue
- Residential entries are accessed privately from Bedford Avenue
Local Financial Insights For Retail
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 | $699.8k | $77.76 |
| − Vacancy | −$83.3k | −$9.25 |
| EGI | $616.6k | $68.51 |
| − OpEx | −$185.0k | −$20.55 |
| NOI | $431.6k | $47.95 |
9,000 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.17M
$5.39M – $7.19M
NOI $431,591 @ 7.0% cap · market cap 7.71%
Second Best
Mixed Use
$4.67M
$4.08M – $5.45M
NOI $326,700 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$7.45M
$6.52M – $8.69M
NOI $521,640 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two adjoining buildings offer ground-floor retail with four renovated residences in each, accessed privately from Bedford Avenue.
Where is this mixed-use property located?
The property is located at 1310-1312 Flatbush Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,599,000.
What are key features of this property?
This property features: Two adjoining mixed‑use buildings with ground‑floor retail and four renovated free‑market residences per building; Each building has one ground‑floor retail space fronting Flatbush Avenue; Residential entries are accessed privately from Bedford Avenue
