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    Property profile & analytics
    OFF-MARKET Estimated value $845,000
    Investment properties

    1797 Flatbush Ave, Brooklyn, NY 11210-4351

    3,300 SF 0.04 ac lot Built 1931
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US63-1814415
    Property summary
    AI-generated overview

    This exceptional mixed-use building at 1797 Flatbush Avenue in Brooklyn, New York, presents a compelling investment opportunity. Priced at $1,975,000, this 4,400 square foot property boasts a 100% occupancy rate, generating immediate cash flow. The building features one retail space and two residential apartments, each offering three bedrooms and two bathrooms. A convenient garage with additional storage space adds to the property's value. The lot dimensions are 20 x 96 feet, with the building itself measuring 20 x 55 feet. The property is zoned R5/C2-2, providing flexibility for future development. Situated on the east side of Flatbush Avenue between East 37th Street and Avenue J, this location benefits from excellent transit access, with the 2 and 5 subway lines (Flatbush Ave - Brooklyn College station) and several bus routes nearby. The area is vibrant, with numerous established retailers including Starbucks, Dunkin' Donuts, Target, Auto Zone, Nike, Homegoods, and more, ensuring high foot traffic and strong tenant demand. The building has undergone a complete renovation, resulting in a move-in ready condition and consistent rental income. This turnkey investment is ideal for those seeking a stable, high-return property in a thriving Brooklyn neighborhood.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1931
    Total area 3,300 SF
    Lot 0.04 ac (1,920 SF)
    Zoning code R5
    APN 07618-0029
    UPID US63-1814415
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bright White 4 Life Dental Office
    • Vedette Beauty & Skin Care Spa & Massage Center Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $857k
    Blend (final) Blend
    $845k
    Owner & transaction history
    1797 Flatbush Ave LLC · 12 yrs held
    1797 Flatbush Ave LLC
    since 2014
    2 recorded transactions
    2014
    $385,000
    2012
    Zoning & alternative use
    R5 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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