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$ 3,200,000
Est. payment /mo
New
950 FLATBUSH AVE Brooklyn, NY 11226
6 Baths
4,756 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,756 sqft
Price per Sqft $672
MLS Listing ID 11775350
Full Baths 6
Year Built 2026
Annual Tax Amount $37,030
Lot Size 2,260 Sqft
Property Description
Presenting our latest exclusive at the newly built 950 Flatbush Avenue, a rare mixed-use investment opportunity located in one of Brooklyn's busiest and most established commercial corridors. This well-maintained property features five residential units plus one established retail store FREE MARKET, offering strong in-place income and long-term upside. Property Highlights Lot Size: 20' x 113.67' Building Size: 20' x 55' Zoning: R7A / C4-4A (R7A Equivalent) Stories: 3 Basement: Full walk-out basement Asking Price: $3,200,000 Residential Configuration 1 Studio Garden Apartment 2 One-Bedroom Apartments 2 Two-Bedroom Apartments Commercial Component The ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month. Investment Potential Situated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of: Strong current cash flow Creditworthy retail tenancy Desirable residential unit mix Finished basement for additional utility Valuable mixed-use zoning with potential for future development Location Positioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities. This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn's most dynamic and consistently performing investment markets.
Location
State NY
County 36047
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 3
Structure Type Masonry - Brick
Tenisha Davis, Licensed Real Estate Broker
Licensed Real Estate Broker - GRI, ABR, CBR, SFR, SRS - Notary Public