2450 Flatbush Ave Brooklyn, NY 11230
- Retail properties
- 15,300 SF
Current Use by Public Records
- MIll Basin Emergency Plumbing and Heating / General Contractor
Property Details for 2450 Flatbush Ave
- Year built
- 1987
- Property size
- 15,300 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
Exceptional investment opportunity: a vacant, two-story storefront totaling 15,300 square feet situated on a 6,000 square foot lot in Brooklyn, New York. This property, built in 1987, boasts a 60-foot frontage and features three selling floors, including a lower level. The building is zoned C8-1 and offers a compelling 5.20% cap rate with a Net Operating Income (NOI) of $260,320, and an asking price of $5,000,000. The location at 2450 Flatbush Avenue, zip code 11230, is highly desirable, directly across from Kings Plaza Shopping Center and near prominent landmarks such as Floyd Bennett Field, Aviator Sports and Events Center, Marine Park, and Marine Park Golf Course. Conveniently located just 2.0 miles from the Avenue U Subway Station, this property offers excellent accessibility. The property is currently vacant and ready for immediate occupancy, presenting a unique chance to establish a thriving retail business or secure a strong investment in a prime Brooklyn location. The property's address is 2450 Flatbush Ave, Brooklyn, NY 11230, with APN 08542-0060.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9654
- Latitude
- 40.6191
