2172 Flatbush Avenue Ext Brooklyn, NY 11234
- Retail properties
- 3,780 SF
Current Use by Public Records
- Retail properties
Property Details for 2172 Flatbush Avenue Ext
- Property size
- 3,780 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property at 2172 Flatbush Avenue in Brooklyn, New York, presents a lucrative investment opportunity. The building boasts 3,780 square feet of space, divided into two units, ideal for a variety of commercial uses. The property features a full finished legal basement, adding approximately 4000 square feet of usable space. The building is equipped with a central HVAC system, including central air conditioning and heating, and a sprinkler system, ensuring optimal comfort and safety. The lot size is 1,800 square feet, and the building offers ceiling heights ranging from 8 to 10 feet. Two parking spots are included, a valuable asset in this high-traffic area. Located in the desirable Flatlands/Marine Park neighborhood, this property benefits from its prime position on Flatbush Avenue, ensuring high visibility and accessibility. The asking price is $1,900,000, with a projected cap rate of 7% at $35 per square foot per year. This is a motivated seller situation, so submit your offer with proof of funds. The property is currently vacant and ready for immediate occupancy. Suitable uses include retail, restaurant, office, nail salon, or cosmetology. This is a rare opportunity to acquire a well-maintained commercial building in a thriving Brooklyn neighborhood.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings (Brooklyn)
- State
- New York
- Longitude
- -73.931
- Latitude
- 40.6168
