Mixed-Use Building with Ground
For Sale
$1,400,000
1692 Flatbush Ave, Brooklyn, NY 11210
Three-unit building offers vacant ground-floor storefront frontage and two residential apartments above for immediate rental income.
Days on Market51
Property Features for 1692 Flatbush Ave
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
5 BORO REALTY CORP
(917) 763-0331
Listed By:
Gabrielle Winters
(917) 763-0331
Source:
Elliman
Added: Jun 13
Changed: Jul 10
Last Checked: Aug 2 at 3:27PM
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 5 BORO REALTY CORP
Investment Insights
Based on property information with market context.
This three-unit mixed-use property includes a vacant ground-floor commercial space and two residential apartments on the upper level. The ground-floor space is delivered vacant, with approximately 19'10" of frontage on Flatbush, allowing an owner-tenant or investor to set the space up to meet their leasing goals.
The building is positioned directly on Flatbush Avenue with storefront visibility and constant foot traffic. Public transit is available nearby, with multiple bus lines indicated at the door. WalkScore and transitScore reflect a very walkable, transit-supported area, with a bikeScore indicating the neighborhood is bikeable.
For tenants and buyers seeking a straightforward mixed-use setup, the combination of income-producing residential units and a retail space that can be leased to suit the new owner’s requirements offers practical flexibility. The configuration supports an owner-user looking to operate the street-level commercial space while collecting rent from the apartments above, or an investor assembling a multi-unit portfolio with both residential and retail components.
The building is positioned directly on Flatbush Avenue with storefront visibility and constant foot traffic. Public transit is available nearby, with multiple bus lines indicated at the door. WalkScore and transitScore reflect a very walkable, transit-supported area, with a bikeScore indicating the neighborhood is bikeable.
For tenants and buyers seeking a straightforward mixed-use setup, the combination of income-producing residential units and a retail space that can be leased to suit the new owner’s requirements offers practical flexibility. The configuration supports an owner-user looking to operate the street-level commercial space while collecting rent from the apartments above, or an investor assembling a multi-unit portfolio with both residential and retail components.
Key Highlights
- Three‑unit mixed‑use building (built 1920) with a vacant ground‑floor commercial space and two residential apartments above.
- Flatbush Avenue ground‑floor storefront has 19'10" of frontage and is delivered vacant for buyer control over tenanting/operations.
- Residential units above provide existing rental income, allowing the asset to generate income from day one.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,464
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
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit building offers vacant ground-floor storefront frontage and two residential apartments above for immediate rental income.
Where is this mixed-use property located?
The property is located at 1692 Flatbush Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three‑unit mixed‑use building (built 1920) with a vacant ground‑floor commercial space and two residential apartments above.; Flatbush Avenue ground‑floor storefront has 19'10" of frontage and is delivered vacant for buyer control over tenanting/operations.; Residential units above provide existing rental income, allowing the asset to generate income from day one.
