Flatbush Avenue Storefront
1731 Flatbush Ave, Brooklyn, NY 11210
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Vacant storefront with expansion potential on Flatbush Avenue.
Type:RETAIL
Property size:
1,260 SFLot size:
0.05 AcresPrice / SF:
$873/SF- Added:
- Apr 30, 2026
- Days on Market:
- 24
- Last Refresh:
- May 8 at 3:38 am
Property Features for 1731 Flatbush Ave
General Information
- Standard status
- Active
- Size
- 1,260 SF
- Lot size
- 0.05 Acres
- Property subtype
- RETAIL
Listing agent Shlomi Bagdadi
Listing office Tri State Commercial Realty (718) 437-6100
Listing date Apr 30, 2026
Source Moodyscre
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 Tri State Commercial Realty
HighLights
- Existing daycare certificate of occupancy: ready for immediate operation.
- Prime Flatbush Avenue frontage & high‑visibility storefront: excellent exposure.
- Value‑add development opportunity & expansion potential.
- Strong residential density surrounding the property.
- Ground floor access & 2 ADA‑compliant bathrooms.
- Plumbing in place & HVAC system.
Overview
This vacant storefront property on Flatbush Avenue presents a value-add development opportunity for an end user or investor. The single-story building features a glass storefront and floor-to-ceiling windows, offering high visibility and ground floor access. The clean space includes plumbing and an HVAC system, along with two ADA-compliant bathrooms. A large signage opportunity is available. The property benefits from a backyard and is situated in an area with strong residential density. An existing Daycare Certificate of Occupancy is in place. The location offers close proximity to public transit and easy access to highways and bridges. A bus stop (B41 line) is directly in front of the property. The lot dimensions are 21.17 x 99.67, while the building dimensions are 18 x 70. The property has one commercial unit. The zoning allows for a maximum allowable residential FAR of 2, a maximum allowable commercial FAR of 2, and a maximum allowable facility FAR of 2. The property is ideal for various uses, including daycare, after-school programs, ABA therapy, speech/occupational therapy, special education programs, non-profit/community service organizations, and physical therapy.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$671.4K
NOI $60,423 @ 9.00% cap · cautious / downside scenario
Moderate
$863.2K
NOI $60,423 @ 7.00% cap · market / base-case scenario
Aggressive
$1.21M
NOI $60,423 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.0k | $77.76 |
| − Vacancy | −$11.7k | −$9.25 |
| EGI | $86.3k | $68.51 |
| − OpEx | −$25.9k | −$20.55 |
| NOI | $60.4k | $47.95 |
1,260 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$863.2K
$755.3K – $1.01M
NOI $60,423 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$912.9K – $1.22M
NOI $73,030 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
1731 Flatbush
Marketing & Advertising
Similar Places Nearby
- Same Day Flower Delivery — 1991 Flatbush Ave, Brooklyn, NY 11234
- Flowers In A Box Brooklyn — 1914 Utica Ave, Brooklyn, NY 11234
- Sympathy Flowers — 1995 Flatbush Ave, Brooklyn, NY 11234
- Tri State Flower Gallery — 1914 Utica Ave, Brooklyn, NY 11234
- Primrose Floral Design Inc — 2922 Avenue M, Brooklyn, NY 11210
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.941841
- Latitude
- 40.627652
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Vacant storefront with expansion potential on Flatbush Avenue.
Where is this storefront property located?
The property is located at 1731 Flatbush Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Existing daycare certificate of occupancy: ready for immediate operation.; Prime Flatbush Avenue frontage & high‑visibility storefront: excellent exposure.; Value‑add development opportunity & expansion potential.
