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1000 Flatbush Ave
Brooklyn, NY 11226
Retail Property For Sale
Investment Highlights
- Vacant 4,500 SF retail building on one of the busiest corridors of Brooklyn - Flatbush Avenue
- Adjacent to Chipotle Mexican Grill chain
- Close proximity to 2, 5, B & Q Train lines
- Mixed-use zoning designation allows for various "as-of-right" uses
- High visibility within high foot and vehicular traffic location
Executive Summary
1000 Flatbush Avenue presents a premier value-add or redevelopment opportunity on one of Brooklyn’s busiest commercial corridors. Positioned along the west side of Flatbush Avenue between Albemarle Road and Regent Place, this three-story structure offers approximately 10,584 square feet with significant redevelopment potential. The site carries a C4-4A zoning designation, providing a flexible mixed-use framework suitable for residential and commercial configurations, with a Floor Area Ratio of 4.0 and substantial air rights still available.
The property capitalizes on outstanding visibility and accessibility, benefiting from heavy foot traffic and vehicle flows in a thriving retail district. It sits adjacent to national tenants, including Chipotle, and is surrounded by a vibrant mix of restaurants, retailers, and service providers. Proximity to multiple subway lines, including the 2, 5, B, and Q trains, enhances regional connectivity for future occupants or customers.
Situated in a dense urban trade area with a growing population and strong household income levels, 1000 Flatbush Avenue stands as a compelling opportunity for investors seeking upside through repositioning or redevelopment in Brooklyn’s dynamic Flatbush neighborhood.
The property capitalizes on outstanding visibility and accessibility, benefiting from heavy foot traffic and vehicle flows in a thriving retail district. It sits adjacent to national tenants, including Chipotle, and is surrounded by a vibrant mix of restaurants, retailers, and service providers. Proximity to multiple subway lines, including the 2, 5, B, and Q trains, enhances regional connectivity for future occupants or customers.
Situated in a dense urban trade area with a growing population and strong household income levels, 1000 Flatbush Avenue stands as a compelling opportunity for investors seeking upside through repositioning or redevelopment in Brooklyn’s dynamic Flatbush neighborhood.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,600 SF
Building Class
C
Year Built
1911
Price
$3,500,000
Price Per SF
$301.72
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.58
Lot Size
0.10 AC
Zoning
C4-4A - C4 - Regional commercial center located outside of the central business districts
Amenities
- Bus Line
- Signage
- Storage Space
Property Taxes
| Parcel Number | 05125-0018 | Improvements Assessment | $490,050 |
| Land Assessment | $263,250 | Total Assessment | $753,300 |
Property Taxes
Parcel Number
05125-0018
Land Assessment
$263,250
Improvements Assessment
$490,050
Total Assessment
$753,300
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