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    Property profile & analytics

    Flatbush 2 Building Portfolio New York, NY 11210

    • Office buildings
    For Sale
    View listing
    $8,500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for Flatbush 2 Building Portfolio

    Year built
    1992
    Property type
    Office buildings
    Property subtype
    Residential income homes

    Description

    This package consists of 2 multi-family buildings with a total of 50 units. 485 East 21stSt. consists of 28 units with 25,000 SF while 2105 Foster Ave. consists of 22 units with 26,640 SF. Built in 1992, this 4-story building consists of 28 residential units. The subject property is 0.31 miles to Marlborough & Cortelyou Road Station (B-! train). Nearby Ocean Parkway and Prospect Park. It is in close proximity to public schools, restaurants, and parks.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    State
    New York
    Longitude
    -73.9811
    Latitude
    40.6888

    Comparable in this City

    • Value Estimation
      $7,485,000
      34,334 SF

      Nostrand Ave

      BOARDING/ROOMING HOUSE • 34,334 SF
      Nostrand Ave, Brooklyn, NY 11210
      View Details
    • Value Estimation
      $420,000
      2,712 SF

      819 22nd St

      BOARDING/ROOMING HOUSE • 2,712 SF
      819 22nd St, Brooklyn, NY 11210-2143
      View Details
    • Value Estimation by Request
      16,000 SF

      866 29th St

      PROFESSIONAL BUILDING • 16,000 SF
      866 29th St, Brooklyn, NY 11210-2927
      View Details
    • Value Estimation by Request
      2,280 SF

      3016 Glenwood Rd

      OFFICE BUILDING (MULTI-STORY) • 2,280 SF
      3016 Glenwood Rd, Brooklyn, NY 11210-2642
      View Details
    • Value Estimation
      $1,520,000
      1,920 SF

      1700 Flatbush Ave

      PROFESSIONAL BUILDING • 1,920 SF
      1700 Flatbush Ave, Brooklyn, NY 11210-3943
      View Details
    • Value Estimation
      $435,000
      2,820 SF

      2174 Nostrand Ave

      OFFICE BUILDING (MULTI-STORY) • 2,820 SF
      2174 Nostrand Ave, Brooklyn, NY 11210-3024
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      50,000 SF

      Nostrand Avenue Office Space

      Prime Flatbush Office, Flexible Suites
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      View Details
    • $3,500 /Mo
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      Renovated Office Space For Rent

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    • Contact for pricing
      750 SF

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      7,100 SF medical office space with signage opportunity.
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      View Details
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    New York, NY 11210
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    Realmo Value Estimation

    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.

    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.

    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
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