1389 Flatbush Avenue, Brooklyn, NY, USA

Flatbush, Brooklyn

Northeast corner of East 26th Street

Google Map

Available Spaces

2 Free Market Residential Units, 1 Commercial Unit

Total Square Feet

3,960 GSF (above grade) 1,100 GSF (below grade)

Asking Price

$2,600,000

Frontage

20 FT on Flatbush Avenue

Taxes/CAM

Tax Class 1 - $5,796 Property Taxes (23/24)

Block

5228

Lot

Zoning

R7A / C2-4

FAR

3.45 FAR | 4.6 IH FAR

Development Rights

8,740 ZFA

Available Air Rights

4,780 ZFA

Gross Annual Revenue

$235,980

Fully renovated, immaculate turn-key investment asset backed by a long-term, value-add opportunity from repositioning the asset utilizing the available air rights.
Brooklyn’s busiest retail corridors and within 4 blocks of Brooklyn College and dozens of stores, restaurants and other conveniences nearby
The property is situated between two train stations, Newkirk Av 2, 5 Station and Newkirk Plaza B, Q Station, providing convenient connectivity across Brooklyn and to other boroughs