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    Property profile & analytics

    1128 Flatbush Ave Brooklyn, NY 11226-8294

    • Investment properties
    • 4,140 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US63-4315011
    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

    • Sun Fresh Fish Market / Seafood Market

    Property Details for 1128 Flatbush Ave

    Year built
    1930
    Lot size
    0.05 lot acres
    Property size
    4,140 SF
    Zone code
    R7A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    05164-0026
    APU
    51640026

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $450,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $365,000
      Mixed-Use
      $430,000
      Hospitality
      $385,000
      Educational
      $485,000
      Residential Income
      $460,000
      Energy
      $460,000
      Income-Based Land
      $390,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.958
    Latitude
    40.6429
    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
    $7,676
    $14,400
    $93,960
    $108,360
    -
    $240,000
    $1,566,000
    $1,806,000

    Comparable in this City

    • Value Estimation by Request
      3,300 SF

      898 Rogers Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,300 SF
      898 Rogers Ave, Brooklyn, NY 11226-8263
      View Details
    • Value Estimation by Request
      4,400 SF

      1678 Nostrand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,400 SF
      1678 Nostrand Ave, Brooklyn, NY 11226-6406
      View Details
    • Value Estimation by Request
      3,640 SF

      2417 Tilden Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,640 SF
      2417 Tilden Ave, Brooklyn, NY 11226-5013
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    • Value Estimation by Request
      4,320 SF

      2424 Bedford Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,320 SF
      2424 Bedford Ave, Brooklyn, NY 11226
      View Details
    • Value Estimation by Request
      3,133 SF

      1820 Church Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,133 SF
      1820 Church Ave, Brooklyn, NY 11226-3706
      View Details
    • Value Estimation by Request
      3,708 SF

      1406 Cortelyou Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,708 SF
      1406 Cortelyou Rd, Brooklyn, NY 11226-5614
      View Details

    Similar Nearby for Sale

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      Brooklyn Mixed-Use Building For Sale

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    • New
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      Brooklyn Mixed-Use Investment Opportunity

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    Similar Nearby for Lease

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      15,000 SF

      Church Ave Executive Office Space

      15,000 SF Executive Office Building in Brooklyn
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    • $4,400 /Mo
      871 SF

      Retail Space for Lease

      Retail space available for lease in Brooklyn, NY.
      1512 Nostrand Ave, Brooklyn, NY 11226
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    • Contact for pricing
      1,579 SF

      Flatbush Avenue Retail Space

      Retail space available on Flatbush Avenue in Brooklyn.
      794 Flatbush Ave, Brooklyn, NY 11226
      View Details
    • Contact for pricing
      300 SF

      Retail Spaces in High-Traffic Area

      Retail spaces available in a dense residential Brooklyn neighborhood.
      833 Flatbush Ave, Brooklyn, NY 11226
      View Details
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    Brooklyn, NY 11226-8294
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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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