1797 Flatbush Ave Brooklyn, NY 11210-4351

Property Details for 1797 Flatbush Ave

Year built

1931

Lot size

0.04 lot acres

Property size

3,300 SF

Zone code

R5

Property type

Investment properties

Property subtype

Live-work space

APN

07618-0029

APU

76180029

Description

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.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9404

Latitude

40.6264

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments