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32660744
32660745

950 Flatbush Avenue, New York, NY 11226

5 Boro Realty Corp
Listed by 5 Boro Realty Corp
$2,699,000
21 days on market
Updated 0 days ago

Mixed Use | 950 Flatbush Avenue

Details
APN 05102-0047
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,756
Units 5
Tenancy Vacant
Year Built 1915
Year Renovated 2025
Stories 3
Acreage 0.052
Zoning C4-4A
Ground Lease No

Free Market | Five Family | Commercial Store

Marketing 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.

Investment highlights

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

FREE MARKET

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.

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Listing Contacts

5 Boro Realty Corp
Listed by 5 Boro Realty Corp

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