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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

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

CTown
Chase Bank
Tex's Chicken & Burgers
Key Food
Golden Krust Caribbean Bakery
Shoprite Of Avenue I Pharmacy
Bank of America
Citizens
Td Bank
Citi
  • Listing ID: 41267396

  • Date on Market: 7/13/2026

  • Last Updated:

  • Address: 1423 Foster Ave, Brooklyn, NY 11230

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