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    2064 Flatbush Avenue Ext Brooklyn, NY 11234

    Sponsored
    For Lease
    Contact for pricing

    Prime Marine Park location, 1280 sq ft, plus basement.

    Lot size:
    1,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional retail space, located at 2064 Flatbush Avenue at the corner of Avenue P in Marine Park, Brooklyn, presents a unique investment opportunity. The property boasts a total of 1,280 square feet of retail space, currently vacant and ready for immediate occupancy. The building's history includes a 50-year run as a pharmacy, demonstrating its suitability and longevity in the area. Adding significant value is a substantial 2,000 square foot basement, offering ample storage or expansion potential. The property's corner location provides excellent visibility and accessibility for customers. This high-traffic area ensures strong foot traffic and visibility. The lease terms include the tenant paying one-third of the property taxes, amounting to $1,812 every three months. The monthly rent for the main retail space is $5,500. The property is ideally suited for a variety of retail or professional uses, excluding food-related businesses. Located in Kings County, this property offers a compelling combination of size, location, and history, making it an attractive proposition for discerning businesses.

    Property Features for 2064 Flatbush Avenue Ext

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,280 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,280 SF

    HighLights

    • Retail property totaling 1,280 square feet available for lease.
    • Located at 2064 Flatbush Avenue, Kings County.
    • Entire space (1,280 sq ft) is currently vacant.
    • Features a 2,000 sq ft basement.
    • Suitable for retail or professional use (excluding food establishments).
    • Monthly rent: $5,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9336298
    Latitude
    40.6193221

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    FAQs

    What type of property is this?
    Retail property - Prime Marine Park location, 1280 sq ft, plus basement.
    Where is this retail property located?
    The property is located at 2064 Flatbush Avenue Ext Brooklyn, NY.
    What are key features of this property?
    This property features: Retail property totaling 1,280 square feet available for lease.; Located at 2064 Flatbush Avenue, Kings County.; Entire space (1,280 sq ft) is currently vacant.
    Request Owner's contact information
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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
    2064 Flatbush Avenue Ext Brooklyn, NY 11234
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