1389 Flatbush Ave Brooklyn, NY 11210
Property profile & analytics
1389 Flatbush Ave Brooklyn, NY 11210
- Investment properties
- 3,960 SF
- 0.04 lot acres
Property ID
US63-5573479
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.
Location Intelligence
Current Use by Public Records
- METAMUSCLE LLC. / Gym & Fitness Center
- Outpost Club | Newkirk Flatbush Coliving / Property Management Company
Property Details for 1389 Flatbush Ave
- Year built
- 1933
- Lot size
- 0.04 lot acres
- Property size
- 3,960 SF
- Zone code
- R7A
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 05228-0016
- APU
- 52280016
Description
This exceptional 3,960 square foot shopping center at 1389 Flatbush Avenue in Brooklyn, New York (zip code 11210) is offered for sale at $2,600,000. The property is a fully renovated, turn-key investment opportunity situated on a 1,900 square foot lot (approximately 20' x 98.5' irregular). It's zoned R7A / C2-4, offering significant development potential. The building boasts a 3.45 FAR and a 5.6 IH FAR, with 8,740 total zoning floor area (ZFA) development rights and 4,780 available air rights. This mixed-use retail property is ideally located in one of Brooklyn's busiest retail corridors, just four blocks from Brooklyn College and numerous stores and restaurants. Its convenient location between two subway stations – the Newkirk Av 2, 5 Station and the Newkirk Plaza B, Q Station – provides excellent accessibility throughout Brooklyn and to other boroughs. This immaculate asset presents a long-term value-add opportunity through strategic repositioning, leveraging the substantial available air rights. The property consists of one unit.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,028,000
Market price range: $1.03M - $1.91M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,390,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9516
- Latitude
- 40.637
- 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
$6,144
$10,920
$61,440
$72,360
-
$182,000
$1,024,000
$1,206,000
