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1228 Flatbush Ave
Brooklyn, NY 11226 Flatbush-Ditmas Park

$2,400,000 USD

Storefront Retail Residential For Sale  •  3,300 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 3,740 SF
  • Lot Size 0.04 AC
  • Building Class C
  • Year Built 1933
  • Cap Rate 6.47 %
  • Tenancy Multiple
  • Zoning R-6
100 Transit Score
100 Walk Score

Financial Summary (Proforma)

Net Operating Income: $155,206 USD (2026)
Cap Rate: 6.47 %
Total Expenses: $18,632 USD

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 11 min - 3.0 mi
9 min - 3.3 mi
Transit/SubwayDriveWalkDistance
Newkirk Avenue (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
Newkirk Avenue (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
Cortelyou Road (Q - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
Beverly Road (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
Beverley Road (Q Line) (Q - New York MTA Subway (The Subway)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
John F Kennedy International 24 min - 12.0 mi
LaGuardia 28 min - 12.6 mi
Newark Liberty International 34 min - 19.4 mi
Alexander Arustamian 212-430-5276 Marcus & Millichap
Alexander Arustamian 212-430-5276 Marcus & Millichap