950 FLATBUSH AVE, BROOKLYN, NY 11226

$2,900,000
$300K
Active for Sale
 
Listing ID 11775350
Property Type Commercial Building
County Kings
Township PROSPECT PARK SOUTH BORDERLINE
Neighborhood Flatbush
Total Tax $37,030
FEMA Flood Map fema.gov/portal
Year Built 2026
Virtual Tour
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.
Property Details
  • 6 Full Baths
  • 4756 SF (AG)
  • 599 SF (BG)
  • 4756 SF (Total)
  • 2260 SF Lot
  • Built in 2026
  • Renovated 2026
  • 3 Stories
  • Available 6/01/2026
  • Full Basement
  • 599 Lower Level SF
  • Lower Level: Unfinished, Walk Out
  • Renovation: NEW CONSTRUCTION
Unit Information
Unit #1 – Gross Area: 4756, Bedrooms: 7, Full Baths: 6, Unit Count: 5
Unit #2 – Rent Price: 7000, Unit Count: 1
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Alarm System
  • Fire Sprinklers
  • 12 Heat/AC Zones
  • Electric Fuel
  • 12 Mini Split Zones
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Stucco Siding
  • New Construction
  • Handicap Features
  • Near Bus
  • Near Train
Taxes and Fees
  • $37,030 Total Tax
Listed By
5 BORO REALTY CORP
Office: 855-305-3325
Mobile: 917-705-0005
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