Mixed-Use Retail and Residences

1310-1312 Flatbush Avenue Brooklyn, NY 11210

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Two adjoining buildings offer ground-floor retail with four renovated residences in each, accessed privately from Bedford Avenue.

Type:Retail, Multifamily, Mixed Use
Property size:
9,000 SF
Price / SF:
$622/SF
Added:
Jul 8, 2026
Days on Market:
5
Last Refresh:
Jul 11 at 3:10 am

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 office Revived Residential

Listing date Jul 8, 2026

Source Crexi

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.

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 (±1% cap)
NOI $431,591 @ 7.0% cap · market cap 7.71%
Second Best
Mixed Use
$4.67M
$4.08M – $5.45M (±1% cap)
NOI $326,700 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$7.45M
$6.52M – $8.69M (±1% cap)
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

Suggested Use

Nursing Home Auto Parts Store Nursing Home Pet Grooming Service Tanning Salon Adult Day Care Clothing & Fashion Store Butcher Home Appliance Store (Bike/Boat/Book/etc) Store

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

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
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