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Property profile & analytics

2370 Flatbush Ave Brooklyn, NY 11234

  • Retail space
  • 3,200 SF
  • 0.09 lot acres
Value Estimation
$1,430,000
Last Sale
Apr 08, 2024
$1,450,000
Location Intelligence
Property ID
US63-0831016
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • USA Motors INC. / Auto Body Shop / Car Dealer

Property Details for 2370 Flatbush Ave

Year built
1932
Lot size
0.09 lot acres
Property size
3,200 SF
Zone code
C8-1
Property type
Retail space
APN
08528-0057
APU
85280057

Description

This exceptional 3,500 square foot retail space is ideally situated at 2370 Flatbush Avenue in the vibrant Flatbush neighborhood of Brooklyn, New York. Located in Kings County, this single-tenant property presents a unique opportunity for a wide range of businesses. The entire 3,500 square feet is currently vacant, offering a blank canvas for a prospective tenant to customize the space to perfectly suit their needs. The property's prime location on Flatbush Avenue ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access to public transportation. This makes it an attractive proposition for businesses seeking a strong presence in a bustling commercial area. The property is classified as commercial retail and offers a substantial footprint for a variety of retail concepts. The address is 2370 Flatbush Avenue, Brooklyn, NY 11234. This is a single-tenant occupancy, providing a streamlined and efficient operational environment. The property's size and location make it an excellent investment opportunity for those seeking a high-impact retail presence in a thriving Brooklyn community. Serious inquiries are encouraged to explore the potential of this remarkable retail space. The property is ready for immediate occupancy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,450,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,485,000
    6.5%
    $1,495,000
    7%
    $1,330,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,260,000
    Geo Method
    $1,585,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,095,000
    Retail
    $1,280,000
    Mixed-Use
    $1,315,000
    Hospitality
    $1,425,000
    Educational
    $1,345,000
    Residential Income
    $1,260,000
    Energy
    $1,340,000
    Income-Based Land
    $1,180,000
    Food Service
    $1,290,000

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9258
Latitude
40.6122
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$22,583
$58,050
$168,300
$226,350
-
$129,000
$374,000
$503,000
More about this property
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