Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1266 Flatbush Ave Brooklyn, NY 11226

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Singer & Singer Hardware / Building Supply / Hardware & Home Improvement

    Property Details for 1266 Flatbush Ave

    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional commercial property at 1266 Flatbush Avenue in Brooklyn, New York, offers 1800 square feet of versatile space, perfect for a variety of businesses. Located in Kings County, zip code 11226, this single-tenant property is ideally suited for medical offices, traditional offices, or creative office spaces, as well as retail stores, cafes, or service-oriented businesses. The property boasts high visibility in a high-traffic area, ensuring excellent exposure for your business. In addition to the main floor space, a large basement provides ample storage or the potential for additional operational space. The property's prime location offers convenient access to public transportation and numerous local amenities, making it an attractive option for both employees and customers. This is a unique opportunity to establish your business in a vibrant and thriving Brooklyn community, capitalizing on the high foot traffic and excellent location to attract a significant customer base and foster business growth. The property is classified as Retail, Office, and Restaurant.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9548
    Latitude
    40.6393

    Comparable in this City

    • Value Estimation by Request

      1604B Newkirk Ave

      Restaurants
      1604B Newkirk Ave, Brooklyn, NY 11226
      View Details
    • Value Estimation by Request

      1401 Nostrand Ave

      Office space
      1401 Nostrand Ave, Brooklyn, NY 11226
      View Details
    • Value Estimation by Request
      180,000 SF

      2360 Bedford Ave

      Lifestyle centers • 180,000 SF
      2360 Bedford Ave, Brooklyn, NY 11226
      View Details
    • Value Estimation by Request
      2,400 SF

      1159 Flatbush Ave

      Medical offices • 2,400 SF
      1159 Flatbush Ave, Brooklyn, NY 11226
      View Details
    • Value Estimation by Request
      16,969 SF

      885 Rogers Ave

      Medical offices • 16,969 SF
      885 Rogers Ave, Brooklyn, NY 11226
      View Details
    • Value Estimation by Request
      18,850 SF

      2244 Church Ave

      Individual retail properties • 18,850 SF
      2244 Church Ave, Brooklyn, NY 11226
      View Details

    Similar Nearby for Sale

    • $1,300,000
      2,850 SF

      Brooklyn Restaurant Opportunity

      Prime Brooklyn Retail Space - $1.3M
      173 Veronica Pl, Brooklyn, NY 11226
      View Details
    • $2,699,000

      Renovated Mixed-Use Building For Sale

      Renovated 5-family building with restaurant in commercialized neighborhood.
      1820 Nostrand Ave, Brooklyn, NY 11226
      View Details
    • $1,200,000
      3,420 SF

      Vacant Mixed-Use Brooklyn Opportunity

      Fully vacant mixed-use building with two apartments and one commercial store.
      950 Rogers Ave, Brooklyn, NY 11226
      View Details
    • New
      $890,000
      0.05 Acres

      Mixed-Use Building in Brooklyn, NY

      Mixed-use building with store/office space, kitchens, and baths.
      1089 Rogers Ave, Brooklyn, NY 11226
      View Details
    • $1,280,000
      4,000 SF

      Brooklyn Mixed-Use Investment Opportunity

      Two commercial properties with retail and residential units for sale.
      1705 Nostrand Ave, Brooklyn, NY 11226
      View Details
    • $2,200,000
      3,820 SF

      Brooklyn Mixed-Use Property For Sale

      Mixed-use property featuring retail and residential units in Brooklyn.
      11-04 Rogers Ave, Brooklyn, NY 11226
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      180,000 SF

      Prime Bedford Ave Redevelopment Opportunity

      180,000 SF Retail/Office Space, 4 Suites Available
      2360 Bedford Ave, Brooklyn, NY 11226
      View Details
    • Contact for pricing
      16,969 SF

      Prime Brooklyn Medical Office Space

      Spacious suites, ideal for medical practices.
      885 Rogers Ave, Brooklyn, NY 11226
      View Details
    • Contact for pricing
      18,850 SF

      Church Avenue Medical Office Space

      Brooklyn medical office space for lease.
      2244 Church Ave, Brooklyn, NY 11226
      View Details
    • Contact for pricing
      25,412 SF

      Flatbush Ave Retail Spaces Available

      Prime Brooklyn retail space, multiple units available.
      892-908 Flatbush Ave, Brooklyn, NY 11226
      View Details
    • Contact for pricing
      2,637 SF

      New Retail, Medical, Office Space

      New construction retail, medical, and office spaces for rent.
      2708 Snyder Ave, Brooklyn, NY 11226
      View Details
    • $45 SF/Yr
      9,871 SF

      Prime Brooklyn Office Space

      Rogers Ave Retail/Office Opportunity
      1020 Rogers Ave, Brooklyn, NY 11226
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1266 Flatbush Ave
    Brooklyn, NY 11226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.