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    2280 Flatbush Ave Brooklyn, NY 11234

    Sponsored
    For Sale
    $680,000

    Prime Brooklyn location, vacant, high potential.

    Property size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 2280 Flatbush Avenue in Brooklyn, New York, presents a compelling investment opportunity. The 1,600 square foot building, classified as Class B, is currently vacant, offering immediate potential for lease-up or owner-occupancy. The asking price is $680,000, translating to a price per square foot of $425. The property's versatile nature allows for a variety of uses, including creative office, storefront retail, and traditional office space, catering to diverse business needs. Situated on a 2,000 square foot lot, the building benefits from its location in a high-traffic area of Brooklyn, promising strong visibility and accessibility. The property is zoned for mixed-use development, offering flexibility for future expansion or redevelopment. The building is delivered vacant at closing, providing immediate control and customization options for the new owner. This presents a unique chance to capitalize on the vibrant Brooklyn market and establish a thriving business or generate substantial rental income. The property's location in Kings County, New York, with a zip code of 11234, ensures convenient access to transportation and amenities. This is an excellent opportunity for investors seeking a strong return on investment in a dynamic and growing area. The property is currently vacant, allowing for immediate occupancy or lease-up.

    Property Features for 2280 Flatbush Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,600 SF
    Class
    B

    HighLights

    • 1,600 SF Class B mixed‑use building in Brooklyn, NY, on a 2,000 SF lot.
    • Asking price: $680,000 ($425/SF).
    • Currently vacant, allowing for immediate occupancy or lease‑up.
    • Zoned for mixed‑use development, offering flexibility for future expansion.
    • Located at 2280 Flatbush Avenue, Brooklyn, NY 11234, in a high‑traffic area with strong visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Berkshire Hathaway HomeServices ... Real Estate Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9280614
    Latitude
    40.6142911

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    FAQs

    What type of property is this?
    Individual retail property - Prime Brooklyn location, vacant, high potential.
    Where is this individual retail property located?
    The property is located at 2280 Flatbush Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: 1,600 SF Class B mixed-use building in Brooklyn, NY, on a 2,000 SF lot.; Asking price: $680,000 ($425/SF).; Currently vacant, allowing for immediate occupancy or lease-up.
    Request Owner's contact information
    2280 Flatbush Ave Brooklyn, NY 11234
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    Brooklyn, NY 11234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2280 Flatbush Ave Brooklyn, NY 11234
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