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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 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 - 3.2 mi
11 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 7 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 9 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 15 min 0.8 mi
Newkirk Avenue (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 4 min 15 min 0.8 mi
Avenue H (Q - New York MTA Subway (The Subway)) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
John F Kennedy International 23 min - 12.1 mi
LaGuardia 28 min - 12.9 mi
Newark Liberty International 35 min - 19.8 mi
Alexander Arustamian 212-430-5276 Marcus & Millichap
Alexander Arustamian 212-430-5276 Marcus & Millichap