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1397 Flatbush Ave
Brooklyn, NY 11210 Flatbush-Ditmas Park

$1,100,000 USD

Storefront Retail Residential For Sale  •  2,184 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,184 SF
  • Lot Size 0.02 AC
  • Building Class C
  • Year Built 1933
  • Tenancy Multiple
  • Zoning R7A
100 Transit Score
100 Walk Score

Highlights

Three-story mixed-use building with a ground-floor retail tenant and two free-market residential units.
Retail space leased to a nail/hair salon under a long-term agreement ending in 2033, providing secure, stable income.
Free-market residential units offer near-term upside through rent adjustments and leasing flexibility.
Favorable R7A/C2-4 zoning with additional air rights enabling potential future development or building expansion.
Situated on bustling Flatbush Avenue near Brooklyn College and surrounded by major national retailers and dining options.
Convenient access to Newkirk Av (2/5 trains) and Newkirk Plaza (B/Q trains), ensuring strong commuter and consumer traffic.

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 11 min - 3.2 mi
Atlantic Terminal (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 10 min - 3.8 mi
Transit/SubwayDriveWalkDistance
Brooklyn College-Flatbush Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
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
Beverly Road (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 14 min 0.8 mi
Newkirk Avenue (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 3 min 14 min 0.8 mi
Cortelyou Road (Q - New York MTA Subway (The Subway)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
John F Kennedy International 22 min - 12.1 mi
LaGuardia 27 min - 12.9 mi
Newark Liberty International 34 min - 19.7 mi
Alexander Arustamian 212-430-5276 Marcus & Millichap
Alexander Arustamian 212-430-5276 Marcus & Millichap