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Renovated Mixed-Use Property
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657 Flatbush Avenue, Brooklyn, NY 11225

Three-unit building combines free-market apartments with vacant retail space and a private rear yard.

Property Size3,272 SF
Days on Market19

Property Features for 657 Flatbush Avenue

General Information

Standard status Active
Size 3,272 SF
Property subtype Mixed Use
Zoning R7-1, C1-3

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Amenities

in-unit washer/dryer
central air-conditioning
stainless-steel appliances
dishwasher
hardwood floors
private rear yard

Building Details

Year Renovated 2017
Buildings 1
Stories 3
Units 3
Tenancy Multi
Listing Agency: TerraCRG
Listed By: Vivek Sharma · License #10401398738
Source: Crexi
Added: Aug 18 Changed: Sep 4 Last Checked: Sep 4 at 10:35PM

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.

657 Flatbush Avenue is a three-story mixed-use building totaling approximately 3,272 gross square feet. The property contains three units: two free-market residential apartments and a vacant ground-floor retail space with a private rear yard. A gut renovation completed in 2017 replaced the building’s systems and reconfigured the apartments into modern 2BR/2BA layouts with master ensuites. Residential features include central air-conditioning, in-unit washer/dryers, stainless-steel appliances, dishwashers, and hardwood flooring.

The property sits on the Flatbush Avenue corridor between Fenimore Street and Hawthorne Street in Prospect Lefferts Gardens, Brooklyn, just blocks from Prospect Park. Surrounding amenities include restaurants, cafés, neighborhood retail, and everyday services. Access to the Q, 2, and 5 subway lines connects the property with Brooklyn and Manhattan. Zoning is R7-1, C1-3, and the building has tax class protected status.

Key Highlights

  • 3,272 gross square feet across a three‑story mixed‑use building
  • Three units: two free‑market apartments and one vacant ground‑floor retail space
  • Gut renovation completed in 2017 with new building systems

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Adult Day Care Tanning Salon Clothing & Fashion 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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

11,936
Businesses Nearby

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
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 - Three-unit building combines free-market apartments with vacant retail space and a private rear yard.
Where is this mixed-use property located?
The property is located at 657 Flatbush Avenue Brooklyn, NY.
What are key features of this property?
This property features: 3,272 gross square feet across a three‑story mixed‑use building; Three units: two free‑market apartments and one vacant ground‑floor retail space; Gut renovation completed in 2017 with new building systems
More about this property
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