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Four-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

265 Flatbush Ave, Brooklyn, NY 11217

Vacant asset requiring full gut renovation with residential and storefront configuration.

Property Size7,104 SF
Days on Market144

Property Features for 265 Flatbush Ave

General Information

Standard status Pending
Size 7,104 SF
Property subtype Mixed Use

Property Condition

Severity Major Repairs Needed
Evidence damaged in a fire

Site & Location

Road Access Yes
Public Transit Yes

Building Details

Buildings 1
Stories 4
Listing Agency: TerraCRG
Listed By: Mike Hernandez · License #NY 10401225974
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:58PM

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 TerraCRG

Investment Insights

Based on property information with market context.

Located at 265 Flatbush Avenue, this four-story mixed-use building spans approximately 7,104 SF and measures 24 feet in width. The property is vacant following fire damage that occurred 10 years ago and requires a full gut renovation before reoccupancy. The I-card supports a configuration of four large apartments above one store, offering a defined residential and commercial layout for redevelopment.

The building sits on the Flatbush Avenue retail corridor, less than three blocks from Barclays Center and near Atlantic Terminal. Transit access includes the 2, 3, N, Q, R, 4, 5, B, and D subway lines, along with the LIRR. The property is also tax-class protected.

Key Highlights

  • Approximately 7,104 SF across four stories
  • 24‑foot‑wide mixed‑use building at 265 Flatbush Avenue
  • Vacant property requiring a full gut renovation

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Nursing Home Auto Parts Store Building Supply Accounting Firm Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,517
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant asset requiring full gut renovation with residential and storefront configuration.
Where is this mixed-use property located?
The property is located at 265 Flatbush Ave Brooklyn, NY.
What are key features of this property?
This property features: Approximately 7,104 SF across four stories; 24‑foot‑wide mixed‑use building at 265 Flatbush Avenue; Vacant property requiring a full gut renovation
More about this property
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