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Investment Highlights
- 120' of corner retail exposure
- Potential for retail owner-occupancy in immediate future
- Washer/Dryer in all apartments
- Apartments fully renovated in 2023
- Tax Class 2B
- 3-minute subway access at Beverly Road Station (2 and 5 trains)
Executive Summary
1056 Rogers Avenue is a fully renovated mixed-use investment opportunity ideally situated in the heart of Flatbush, Brooklyn — a dense, transit-oriented neighborhood benefiting from strong rental demand and continued neighborhood growth. Positioned along the highly trafficked Rogers Avenue corridor, the property offers excellent accessibility, proximity to major retail and dining amenities, and convenient connections throughout Brooklyn and into Manhattan, via the 2 & 5 subway lines.
The three-story mixed-use walkup totals approximately 5,200 square feet and features a diversified income profile with four residential units and three commercial units (seven total units). All residential units have in-unit washer/dryer. The building sits on an approximately 2,275 square foot lot (22.75’ x 100’) with building dimensions of 20’ x 80’, providing a strong footprint and functional layout for long-term operation.
With Tax Class 2B status and an annual property tax of approximately $14,712, the asset offers tax class protected operating fundamentals in an appreciating Brooklyn location.
Please direct all inquiries to Cushman & Wakefield.
The three-story mixed-use walkup totals approximately 5,200 square feet and features a diversified income profile with four residential units and three commercial units (seven total units). All residential units have in-unit washer/dryer. The building sits on an approximately 2,275 square foot lot (22.75’ x 100’) with building dimensions of 20’ x 80’, providing a strong footprint and functional layout for long-term operation.
With Tax Class 2B status and an annual property tax of approximately $14,712, the asset offers tax class protected operating fundamentals in an appreciating Brooklyn location.
Please direct all inquiries to Cushman & Wakefield.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,200 SF
Building Class
B
Year Built/Renovated
1930/2023
Price
$2,250,000
Price Per SF
$432.69
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.29
Lot Size
0.05 AC
Zoning
R6, C2-3 - R6 - Medium density residential district
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (81)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 05170-0020 | Improvements Assessment | $265,050 |
| Land Assessment | $12,150 | Total Assessment | $277,200 |
Property Taxes
Parcel Number
05170-0020
Land Assessment
$12,150
Improvements Assessment
$265,050
Total Assessment
$277,200
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1056 Rogers Ave
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