Residential Property with Private
For Sale
$325,000
1655 Flatbush Avenue C101, Brooklyn, NY 11210
A renovated one-bedroom residence in a full-service elevator building with shared recreation and service amenities.
Property Size747 SF
Price / SF$435.07
Days on Market18
Property Features for 1655 Flatbush Avenue C101
General Information
Standard status
Active
Size
747 SF
Elevators
Yes
Property subtype
Apartment
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
24-hour doorman and security service
laundry rooms
live-in superintendent
children's playground
garden
Olympic swimming pool
kid's pool
personal storage
underground parking garage
bike room
private terrace
Building Details
Building Size
747 SF
Year Built
1964
Listing Agency:
Compass
Listed By:
Stanley Wong
(917) 334-8123
Source:
Carlinwright
Added: Sep 21
Changed: Oct 8
Last Checked: Oct 7 at 3:11PM
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 Compass
Investment Insights
Based on property information with market context.
This 747-square-foot, one-bedroom, one-bathroom residence has an open layout, renovated wood flooring, large windows, and a private terrace. The kitchen includes stainless steel appliances, custom cabinetry, a wine cooler, and a dishwasher; storage is provided by multiple closets. The building dates to 1964 and has elevator service, a 24-hour doorman and security, two laundry rooms, a live-in superintendent, a garden, playground, Olympic swimming pool, children’s pool, bike room, and an underground garage. Personal storage and garage spaces are subject to waitlists.
Shopping and dining options include Aldi, Target, and HomeGoods at Triangle Junction. Nearby outdoor destinations include Riis Beach, Floyd Bennett Recreation Field, Marine Park and Golf Course, and Prospect Park. The property has access to the 2 and 5 subway lines and B41, B103, B44, B9, and Q35 bus routes. Brooklyn College is also nearby.
Shopping and dining options include Aldi, Target, and HomeGoods at Triangle Junction. Nearby outdoor destinations include Riis Beach, Floyd Bennett Recreation Field, Marine Park and Golf Course, and Prospect Park. The property has access to the 2 and 5 subway lines and B41, B103, B44, B9, and Q35 bus routes. Brooklyn College is also nearby.
Key Highlights
- 747‑square‑foot residence with one bedroom, one bathroom, and a private terrace
- Renovated wood flooring; kitchen has stainless steel appliances, custom cabinetry, wine cooler, and dishwasher
- 1964 building with 24‑hour doorman and security, elevator, two laundry rooms, and live‑in superintendent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,805
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,100
$456.1K
Cap Rate 7%
$325,786
$325.8K
Cap Rate 9%
$253,389
$253.4K
Market Conditions
NOI Build-Up for 747 SF
Gross rent
$42.3K $56.64/SF
− Vacancy
−$846 −$1.13/SF
EGI
$41.5K $55.51/SF
− OpEx
−$18.7K −$24.98/SF
NOI
$22.8K $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%
$456,100
Cap Rate 7%
$325,786
Cap Rate 9%
$253,389
Alternative Uses
Best Use
Apartment 5plus
$325.8K
$285.1K – $380.1K
NOI $22,805 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$618.5K
$541.2K – $721.6K
NOI $43,296 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Paved road access
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A renovated one-bedroom residence in a full-service elevator building with shared recreation and service amenities.
Where is this residential income property located?
The property is located at 1655 Flatbush Avenue C101 Brooklyn, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 747‑square‑foot residence with one bedroom, one bathroom, and a private terrace; Renovated wood flooring; kitchen has stainless steel appliances, custom cabinetry, wine cooler, and dishwasher; 1964 building with 24‑hour doorman and security, elevator, two laundry rooms, and live‑in superintendent
