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859 Flatbush Ave
Brooklyn, NY 11226
Retail Property For Sale
Executive Summary
Income-producing property at a major traffic corner. When fully leased, annual returns can exceed $250,000 with low operating expenses. Multi-tenant layout delivers steady cash flow and long-term value.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,750 SF
Building Class
C
Year Built
1931
Price
$2,500,000
Price Per SF
$526.32
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.76
Lot Size
0.06 AC
Zoning
R7-1 - Medium-density apartment house district with lower parking requirements
Frontage
55’ on Martense St
Property Taxes
| Parcel Number | 05086-0001 | Improvements Assessment | $425,700 |
| Land Assessment | $136,350 | Total Assessment | $562,050 |
Property Taxes
Parcel Number
05086-0001
Land Assessment
$136,350
Improvements Assessment
$425,700
Total Assessment
$562,050
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