1054+1056 Flatbush Avenue - Prime Corner
Free Market - 1054 Flatbush Ave + 1056 Flatbush Ave | Brooklyn, NY
Marketing description
Shlomo Feldman of Mendy Realty is pleased to exclusively present the sale of 1054 & 1056 Flatbush Avenue, a rare opportunity to acquire two adjacent mixed-use properties in the heart of Brooklyn’s highly active Flatbush corridor.
Positioned at the busy intersection of Flatbush Avenue and Beverly Road, the portfolio consists of approximately 18,485 SF across two buildings featuring a strong combination of retail storefronts and fully renovated free-market residential apartments. The properties offer stable cash flow, strong visibility, and long-term growth potential in one of Brooklyn’s most established mixed-use neighborhoods.
The portfolio includes 16 residential units and 3 commercial spaces, with renovated apartments designed to meet continued rental demand and prominent retail frontage benefiting from exceptional pedestrian and vehicular traffic along Flatbush Avenue.
The properties are conveniently located near the 2, 5, B, and Q subway lines, Prospect Park, Kings Theatre, Brooklyn College, and numerous national and local retailers, making this an attractive investment opportunity in a high-demand Brooklyn submarket.
Investment Highlights
- Two adjacent mixed-use properties sold as a portfolio
- Approx. 18,485 SF combined building size
- 16 residential units + 3 commercial units
- Fully renovated free-market apartments
- Strong retail presence along Flatbush Avenue
- Excellent visibility and foot traffic
- Gross income exceeding $1,030,000 annually
- Located in a high-demand rental and retail corridor
- Convenient access to major transportation and neighborhood amenities
Property Breakdown
1056 Flatbush Avenue
- 13,085 SF building
- 12 residential units
- 2 commercial units
- 4 stories
- Zoned C4-4A
1054 Flatbush Avenue
- 5,400 SF building
- 2 residential units
- 1 commercial unit
- 3 stories
- Zoned C4-4A
For pricing, financials, and additional information, please contact Exclusive Broker:
Shlomo Feldman
Senior Associate
917-994-9106
Office: 718-751-0738
Investment highlights
STRATEGIC LOCATION
Situated at the high-traffic intersection of Flatbush Ave & Beverly Road, ensuring maximum visibility and accessibility.
ASSET QUALITY - 100% Free market
Fully gut-renovated buildings with institutional-grade finishes and modern infrastructure.
INCOME STABILITY
Strong mix of neighborhood retail tenancy and fully free-market residential units providing diversified cash flow.
MARKET DEMAND
Located in a high-performing corridor with durable long-term rental demand and significant upside potential.
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