2178 Flatbush Ave, Brooklyn, NY 11234
Semi-attached commercial building with two units and commercial kitchen.
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 5 at 4:46 am
Property Features for 2178 Flatbush Ave
General Information
- Standard status
- Active
- Size
- 1,190 SF
- Lot size
- 0.04 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing office BERGEN BASIN REALTY LLC (718) 763-4110
Listing date Mar 10, 2026
Source Elliman
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HighLights
- Prime location in a high traffic area
- Two separate units with large floor plans
- Turn‑key ready and delivered vacant
- Finished basement with commercial kitchen
- Individual HVAC systems for each unit
- Convenient access to public transportation and Belt Parkway
Overview
Local Financial Insights For Specialty 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 | $100.0k | $84.00 |
| − Vacancy | −$8.0k | −$6.72 |
| EGI | $92.0k | $77.28 |
| − OpEx | −$23.0k | −$19.32 |
| NOI | $69.0k | $57.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9309
- Latitude
- 40.6168