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Executive Summary
Investors are drawn to Ditmas Park because of:
Limited inventory
Strong rental demand
Historic character that protects neighborhood appeal
Excellent public transportation
High owner-occupancy
Continued appreciation of mixed-use properties
The neighborhood consistently attracts buyers looking for larger homes and income-producing properties in a well-established Brooklyn community.
Selling Points for 1423 Foster Avenue
Mixed-use building with residential and commercial income
Approximately 3,100 square feet
Excellent visibility on Foster Avenue
Flexible R6A/C2-4 zoning
Strong investment potential
Close to subway transportation
Near Cortelyou Road dining and shopping
Located in one of Brooklyn's most desirable neighborhoods
Limited inventory
Strong rental demand
Historic character that protects neighborhood appeal
Excellent public transportation
High owner-occupancy
Continued appreciation of mixed-use properties
The neighborhood consistently attracts buyers looking for larger homes and income-producing properties in a well-established Brooklyn community.
Selling Points for 1423 Foster Avenue
Mixed-use building with residential and commercial income
Approximately 3,100 square feet
Excellent visibility on Foster Avenue
Flexible R6A/C2-4 zoning
Strong investment potential
Close to subway transportation
Near Cortelyou Road dining and shopping
Located in one of Brooklyn's most desirable neighborhoods
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
3,100 SF
Year Built/Renovated
1933/2025
Percent Leased
100%
Building Height
2 Stories
Zoning
R6A C2-4
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1423 Foster Ave
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