Zoocasa Realty Inc., Brokerage

1452 Flatbush Ave, Brooklyn, NY

Name: 1452 Flatbush Ave, For Sale in Brooklyn - Zoocasa
Brand: Corcoran Group
SKU: RLS20118608
Price: 1475000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,475,000

630

MLS® RLS20118608

Overview

Key Facts

Type Mixed Use

Levels Residential

Size 3500 sqft

Garage

Taxes $310,116

Days Active 37

Lot Size 2000 SF

Approx. Age 1933

Avg. Price Per Sqft $421

MLS® Number RLS20118608

Property Address: 1452 Flatbush Ave, Brooklyn, NY, 11210-2378

Average square foot calculated using Size range provided by listing agent.

Description

The Forray Team at The Corcoran Group is pleased to exclusively present 1452 Flatbush Avenue, a well-positioned mixed-use building offering dependable income and long-term upside in Brooklyn's Midwood/Flatbush section, at the historic Flatbush-Nostrand Junction. Sitting directly on one of Brooklyn's busiest retail corridors and moments from Brooklyn College, the property presents a compelling opportunity for investors, developers, and end-users seeking a stable, high-visibility asset in one of the borough's most heavily trafficked commercial nodes. The property comprises approximately 3, 500 gross square feet above grade, situated on a 20' 100' lot totaling approximately 2, 000 square feet.Zoned R7A with a C2-4 commercial overlay, the asset carries a 4.0 FAR against a current FAR of just 1.75 , leaving approximately 4, 500 square feet of unused buildable area - a total buildable envelope of 8, 000 square feet - and meaningful room for future expansion or repositioning. Annual real estate taxes run approximately $ 25, 843 under Tax Class 4. The building is configured as two residential rental units over a ground-floor retail storefront: a 3-bedroom, 1-bathroom unit over a 3-bedroom, 1-bathroom unit, above an approximately 1, 300-square-foot commercial space. The store level includes a full cellar for storage, direct access to a rear outdoor space, and two half-bathrooms, giving a future retail, office, or service tenant real flexibility. This configuration offers strong income-producing capability while suiting an owner-occupant seeking supplemental rental income, a long-term investor targeting Flatbush's deep and stable rental demand, or a buyer exploring a value-add or repositioning strategy. Currently offered at a 6.87% pro-forma cap rate. Ideally situated at the Flatbush- Nostrand Junction - anchored by Brooklyn College and the 250-business Flatbush- Nostrand Junction Business Improvement District - 1452 Flatbush Avenue places tenants and occupants within immediate reach of the neighborhood's shopping, dining, and civic life. The property carries a 96 Walk Score ("Walker's Paradise") and a 100 Transit Score ("Rider's Paradise"), among the strongest transit profiles in Brooklyn. The 2 and 5 subway lines are reachable via a station entrance at Nostrand and Flatbush Avenues roughly 0.2 miles away, and the B41 local and B103 limited-stop buses run directly along Flatbush Avenue, providing fast, direct connections throughout Brooklyn and into Manhattan. Whether pursuing a cash-flowing mixed-use investment, an owner-occupied opportunity with income offset, or a longer-term play on the property's unused FAR, 1452 Flatbush Avenue offers a rare combination of stable income, zoning upside, and premier positioning at one of Brooklyn's busiest commercial crossroads.

MLS® NumberRLS20118608

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1933

BasementOther

Driveway

Garage Spaces

Heat

A/COther

Extras

Map

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