Mixed-Use Retail and
For Sale
Contact for pricing
1310-1312 Flatbush Avenue, Brooklyn, NY 11210
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 Market103
Property Features for 1310-1312 Flatbush Avenue
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Retail, Multifamily, Mixed Use
Zoning
R7A / C2-4
Investment Type
Value Add
Net Operating Income
$75,582
Building Details
Year Built
1931
Buildings
2
Units
8
Tenancy
Multi
Listing Agency:
Revived Residential
Listed By:
Rob Burnett · License #10301223506
Source:
Crexi
Added: Jul 8
Changed: Oct 15
Last Checked: Oct 16 at 8:41AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$431,591
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,631,820
$8.6M
Cap Rate 7%
$6,165,586
$6.2M
Cap Rate 9%
$4,795,456
$4.8M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$699.8K $77.76/SF
− Vacancy
−$83.3K −$9.25/SF
EGI
$616.6K $68.51/SF
− OpEx
−$185.0K −$20.55/SF
NOI
$431.6K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,631,820
Cap Rate 7%
$6,165,586
Cap Rate 9%
$4,795,456
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,936
Businesses Nearby
Explore this area
Business Placement
Demographics for 11210, NY
62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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
