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Mixed-Use Building With Retail
New
For Lease
$3,200,000

950 Flatbush Avenue, Brooklyn, NY 11226

Three-story property combines five apartments with a ground-floor commercial space and a full walk-out basement.

Space SizeContact for details
Days on Market3

Property Features for 950 Flatbush Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1915
Listing Agency: 5 Boro Realty Corp
Listed By: Nina Sabag (nina@5brc.com)
Source: Taniciarealtyhomes
Added: Sep 1 Last Checked: Sep 2 at 6:05PM

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 5 Boro Realty Corp

Investment Insights

Based on property information with market context.

This three-story mixed-use property at 950 Flatbush Avenue contains five residential apartments and a ground-floor retail space. The residential layout includes one studio, two one-bedroom apartments, and two two-bedroom apartments. A full walk-out basement provides additional building area. Constructed in 1915, the property occupies a 20' x 113.67' lot and has approximately 20' x 55' of building dimensions.

The property is located on Flatbush Avenue in Brooklyn's Flatbush neighborhood. The surrounding context includes established commercial activity, shopping, dining, neighborhood amenities, and public transportation access. Zoning is identified as R7A / C4-4A, with the R7A equivalent designation also noted.

Key Highlights

  • Five residential units: one studio, two one‑bedroom, and two two‑bedroom apartments
  • Ground‑floor retail component with an established commercial tenancy
  • 20' x 113.67' lot with approximately 20' x 55' building dimensions

Property Analytics

Current Use

Storefront properties

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

11,936
Businesses Nearby

Demographics for 11226, NY

101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$35.35 /SF/Yr
Avg Asking Price
$32–$48.75 /SF/Yr
Price Range
7,004 SF
Avg Space Size

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Three-story property combines five apartments with a ground-floor commercial space and a full walk-out basement.
Where is this mixed-use property located?
The property is located at 950 Flatbush Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $3,200,000.
What are key features of this property?
This property features: Five residential units: one studio, two one‑bedroom, and two two‑bedroom apartments; Ground‑floor retail component with an established commercial tenancy; 20' x 113.67' lot with approximately 20' x 55' building dimensions
More about this property
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