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Investment Highlights

  • Versatile Zoning
  • In-Place Commercial Lease
  • Superior Location
  • Strong Demographics

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 1183-1187 and 1189 Flatbush Avenue in Brooklyn, New York (the “Property” or “Properties”). The Property is improved with a single-story 7,975 square foot building that sits on a combined 0.30-acres of land and offers approximately 100 feet of frontage along Flatbush Avenue (in between Vanderveer Place and Avenue D). The Property is currently leased to Flatbush Discount & Deals through January 31, 2028. The Property offers developers the rare opportunity to purchase a large development site with 100 feet of frontage on Flatbush Avenue that allows for 47,200 buildable square feet “As of Right” in the Flatbush neighborhood of Brooklyn, New York. The Property is situated in an incredible urban in-fill location along Flatbush Avenue in the Flatbush neighborhood of Brooklyn. 1183-1187 & 1189 Flatbush Avenue is located between Avenue D and Vanderveer Place and enjoys convenient access to the MTA bus line, several subway stations, Prospect Park and Brooklyn College. Flatbush Avenue is one of the area’s primary commercial and commuter corridors and enjoys convenient access to area amenities including countless restaurants, retailers, businesses, and service tenants. The Property is close to several area parks and schools and is 3.1-miles from the Barclays Center, and 4-miles from Downtown Brooklyn.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,975 SF
Building Class
C
Year Built
1933
Price
$5,800,000
Price Per SF
$727.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.30 AC
Zoning
R7A, R5B, C2-4 - Medium-density apartment house district with lower parking requirements

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Discount & Deals
  • Retailer
  • -
  • $21.71
  • Feb 2028
Tenant Industry SF Occupied Rent/SF Lease End
Discount & Deals Retailer - $21.71 Feb 2028
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Key Food
Golden Krust Caribbean Bakery
Rent-A-Center
Crunch Fitness
TD Bank
Chase Bank
CTown
Citi
Tex's Chicken & Burgers
Bank of America

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 05188-0014
  • 05188-0013
Land Assessment
$559,350
Improvements Assessment
$595,800
Total Assessment
$1,155,150
  • Listing ID: 39077848

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 1183-1189 Flatbush Ave, Brooklyn, NY 11226

Contact the Sale Advisor

1183-1189 Flatbush Ave | 1183-1189 Flatbush Ave

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