1724 Flatbush Avenue Ext Brooklyn, NY 11210
This exceptional investment opportunity presents a fully operational beauty salon located at 1724 Flatbush Avenue in Brooklyn, New York, 11210. The property boasts a generous 1,600 square feet of space situated on a 1,600 square foot lot. The asking price is $148,000. The building features high ceilings exceeding 20 feet, creating a spacious and inviting atmosphere. The salon is impeccably equipped and ready for immediate operation, including seven hairdressing/beauty stations, six massage cubicles/beds suitable for full or partial massages, and two nail chairs for manicures and pedicures. Additional amenities include two restrooms, a dedicated laundry room area, a convenient coffee/tea station, a designated office space, pre-installed Wi-Fi, security cameras for enhanced safety, and an efficient air conditioning unit. This single-unit commercial property represents a unique chance to acquire a turnkey business in a vibrant Brooklyn neighborhood. The property's size and existing infrastructure make it ideal for continued operation as a beauty salon or potential adaptation to other commercial uses. The high ceilings offer significant design flexibility. This is a rare opportunity to own a well-established business in a high-traffic area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.