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775 Flatbush Ave
Brooklyn, NY 11226
Retail Property For Sale
Investment Highlights
- Fully leased mixed-use property with 100% occupancy.
- Two residential units above provide additional income and diversification.
- Excellent access to public transportation, including nearby subway and bus routes.
- Ground floor occupied by a Domino’s franchise, ensuring consistent retail income.
- Located on a high-traffic corridor in a dense Brooklyn neighborhood with strong retail demand.
- Opportunity for rental upside as residential units are currently below market rates.
Executive Summary
This fully leased mixed-use property at 775 Flatbush Avenue presents a rare opportunity to acquire a stabilized asset in one of Brooklyn’s most dynamic neighborhoods. The building features a nationally recognized Domino’s franchise on the ground floor, providing a strong retail anchor with reliable income. Two residential units occupy the upper floors, both currently leased, offering additional revenue streams and diversification.
Located along the bustling Flatbush Avenue corridor, the property benefits from exceptional pedestrian and vehicular traffic, supported by a dense residential population and a thriving retail environment. The area is well-served by public transportation, including multiple subway lines and bus routes, ensuring consistent customer flow for the ground-floor tenant.
With tenants on the upper floors paying below-market rents, there is clear upside potential for future income growth. This property is ideal for investors seeking a long-term hold with stable cash flow and the security of a creditworthy retail tenant. Positioned in a high-demand market with strong fundamentals, 775 Flatbush Avenue offers both immediate returns and long-term appreciation potential.
Located along the bustling Flatbush Avenue corridor, the property benefits from exceptional pedestrian and vehicular traffic, supported by a dense residential population and a thriving retail environment. The area is well-served by public transportation, including multiple subway lines and bus routes, ensuring consistent customer flow for the ground-floor tenant.
With tenants on the upper floors paying below-market rents, there is clear upside potential for future income growth. This property is ideal for investors seeking a long-term hold with stable cash flow and the security of a creditworthy retail tenant. Positioned in a high-demand market with strong fundamentals, 775 Flatbush Avenue offers both immediate returns and long-term appreciation potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
C
Year Built/Renovated
1925/2019
Price
$2,300,000
Price Per SF
$605.26
Cap Rate
10%
NOI
$230,000
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.74
Lot Size
0.05 AC
Zoning
R7-1
Frontage
Amenities
- Tenant Controlled HVAC
Property Taxes
| Parcel Number | 05064-0004 | Improvements Assessment | $89,100 |
| Land Assessment | $11,820 | Total Assessment | $100,920 |
Property Taxes
Parcel Number
05064-0004
Land Assessment
$11,820
Improvements Assessment
$89,100
Total Assessment
$100,920
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