Top-Floor Residential Income
For Sale
$899,000
1462 FLATBUSH Avenue 7B, Brooklyn, NY 11210
Three-bedroom condominium residence with private outdoor space, in-unit laundry, and access to shared fitness and lounge amenities.
Property Size1,180 SF
Price / SF$761.86
Days on Market137
Property Features for 1462 FLATBUSH Avenue 7B
General Information
Standard status
Active
Size
1,180 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$17,964
Building Details
Building Size
1,180 SF
Year Built
2023
Listing Agency:
Corcoran Group
Listed By:
Joseph Czyzewski · License #10401383690
(646) 296-7199
Source:
Howardhannanyc
Added: Jun 12
Changed: Oct 26
Last Checked: Oct 25 at 2:34AM
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 Corcoran Group
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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.
Penthouse 7A is a 1,165-square-foot, top-floor condominium residence configured with three bedrooms and two bathrooms. The floor-through layout places living and dining areas around a private patio, while oversized windows and floor-to-ceiling sliding glass doors bring in natural light. The kitchen includes quartz countertops, custom cabinetry, and a four-piece stainless-steel appliance package. The primary bedroom has a walk-in closet and en-suite bathroom, and the home also includes in-unit washer and dryer equipment.
The Avanti is a 45-unit condominium building at 1462 Flatbush Avenue in Brooklyn. Shared features include a virtual doorman, resident lounge, landscaped outdoor areas with a dog run, fitness center, bike storage, and a furnished roof deck. The property is near Flatbush Junction, with access to MTA service, parks, shopping, and dining.
The Avanti is a 45-unit condominium building at 1462 Flatbush Avenue in Brooklyn. Shared features include a virtual doorman, resident lounge, landscaped outdoor areas with a dog run, fitness center, bike storage, and a furnished roof deck. The property is near Flatbush Junction, with access to MTA service, parks, shopping, and dining.
Key Highlights
- 1,165 SF top‑floor condominium residence
- Three bedrooms and two bathrooms in a floor‑through layout
- Private patio with south‑west‑facing views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,024
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,480
$720.5K
Cap Rate 7%
$514,629
$514.6K
Cap Rate 9%
$400,267
$400.3K
Market Conditions
NOI Build-Up for 1,180 SF
Gross rent
$66.8K $56.64/SF
− Vacancy
−$1.3K −$1.13/SF
EGI
$65.5K $55.51/SF
− OpEx
−$29.5K −$24.98/SF
NOI
$36.0K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,480
Cap Rate 7%
$514,629
Cap Rate 9%
$400,267
Alternative Uses
Best Use
Apartment 5plus
$514.6K
$450.3K – $600.4K
NOI $36,024 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$977.0K
$854.9K – $1.14M
NOI $68,393 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom condominium residence with private outdoor space, in-unit laundry, and access to shared fitness and lounge amenities.
Where is this residential income property located?
The property is located at 1462 FLATBUSH Avenue 7B Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,165 SF top‑floor condominium residence; Three bedrooms and two bathrooms in a floor‑through layout; Private patio with south‑west‑facing views
