1692 Flatbush Ave, Brooklyn, NY 11210
1692 Flatbush Ave, Mixed-Use Investment Opportunity
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1692 Flatbush Avenue, Mixed-Use Investment Opportunity
Rare entry point into Brooklyn mixed-use on one of the borough's busiest retail corridors. This three-unit building pairs a vacant ground-floor commercial space with two residential apartments above, existing income plus real upside, a profile that's hard to find on Flatbush.
The ground-floor retail is delivered vacant, with 19'10" of frontage on Flatbush, giving the buyer full control to mark the space to market, secure their own tenant, or operate as an owner-user. The two apartments above provide existing residential income, so the asset works from day one while the retail rent is yours to write.
Positioned directly on Flatbush Avenue with constant foot traffic, multiple bus lines at the door, and storefront visibility all day, this is a location you simply can't recreate. Whether you're an investor adding to a mixed-use portfolio or an owner-user looking to build equity while collecting rent above, the value-add potential here is real.
A true Brooklyn commercial play in a corridor that's been busy for a hundred years.
Offered exclusively by Gabrielle Winters & Nina Sabag at 5 Boro Realty. For the full package and rent roll, contact Gabrielle Winters ·[email protected] · 917-763-0331 ·
Investment highlights
- Mixed-use value-add — vacant ground-floor retail over two income-producing apartments.
- Write your own rent roll — retail delivered vacant; set the rent, bring a tenant, or owner-occupy.
- Proven retail corridor — Flatbush has anchored Brooklyn retail for over a century; durable demand, not a speculative bet.
- Day-one income + upside — residential cash flow now, retail lease-up drives the NOI.
- Irreplaceable Flatbush location — heavy foot traffic, multiple bus lines, all-day storefront visibility.
- Owner-user or investor flexible — occupy and collect, or lease both for a pure hold.
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