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Great fit for a user-owner ready! 1197 Flatbush Ave 3,070 SF Retail Building Brooklyn, NY 11226 $1,390,000 ($452.77/SF)
Investment Highlights
- The storefront offers high visibility with heavy foot and vehicle traffic along Flatbush Avenue
- Situated near major transit lines (B, Q trains, and B41 bus),
- The building houses two 3-bedroom apartments
Executive Summary
The property is conveniently located near major subway lines, including the B and Q trains at the Church Avenue station, as well as the 2 and 5 trains at the nearby Flatbush Avenue-Brooklyn College station, providing easy access to Manhattan and other parts of Brooklyn. Numerous bus routes also serve the area, including the B35, B41, and B44, making commuting simple and efficient.
• Schools: The location is surrounded by various educational institutions, including P.S. 249 and Erasmus Hall High School. Additionally, Brooklyn College is just a short distance away, offering higher education opportunities and various academic programs.
• Restaurants and Dining: The area around 1197 Flatbush Ave boasts a diverse array of dining options.
• Schools: The location is surrounded by various educational institutions, including P.S. 249 and Erasmus Hall High School. Additionally, Brooklyn College is just a short distance away, offering higher education opportunities and various academic programs.
• Restaurants and Dining: The area around 1197 Flatbush Ave boasts a diverse array of dining options.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,070 SF
Building Class
C
Year Built
1933
Price
$1,390,000
Price Per SF
$452.77
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.82
Lot Size
0.04 AC
Zoning
R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.
Frontage
30’ on Flatbush Ave
Amenities
- Signage
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05188-0010 | Total Assessment | $122,400 |
| Land Assessment | $15,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $107,400 | Tax Year | 2025 |
Property Taxes
Parcel Number
05188-0010
Land Assessment
$15,000
Improvements Assessment
$107,400
Total Assessment
$122,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Great fit for a user-owner ready! | 1197 Flatbush Ave
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