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950 Flatbush Ave
Brooklyn, NY 11226
Retail Property For Sale


Investment Highlights
- Free Market | Newly Built | Smart System | Sep Utilities | Available SQFT | Sep Basement
Executive Summary
Presenting our latest exclusive at the newly built 950 Flatbush Avenue, a rare mixed-use investment opportunity located in one of Brooklyn’s busiest and most established commercial corridors. This well-maintained property features five residential units plus one established retail store FREE MARKET, offering strong in-place income and long-term upside.
Property Highlights
Lot Size: 20' x 113.67'
Building Size: 20' x 55'
Zoning: R7A / C4-4A (R7A Equivalent)
Stories: 3
Basement: Full walk-out basement
Asking Price: $3,200,000
Residential Configuration
1 Studio Garden Apartment
2 One-Bedroom Apartments
2 Two-Bedroom Apartments
Commercial Component
The ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month.
Investment Potential
Situated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of:
Strong current cash flow
Creditworthy retail tenancy
Desirable residential unit mix
Finished basement for additional utility
Valuable mixed-use zoning with potential for future development
Location
Positioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities.
This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn’s most dynamic and consistently performing investment markets.
Property Highlights
Lot Size: 20' x 113.67'
Building Size: 20' x 55'
Zoning: R7A / C4-4A (R7A Equivalent)
Stories: 3
Basement: Full walk-out basement
Asking Price: $3,200,000
Residential Configuration
1 Studio Garden Apartment
2 One-Bedroom Apartments
2 Two-Bedroom Apartments
Commercial Component
The ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month.
Investment Potential
Situated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of:
Strong current cash flow
Creditworthy retail tenancy
Desirable residential unit mix
Finished basement for additional utility
Valuable mixed-use zoning with potential for future development
Location
Positioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities.
This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn’s most dynamic and consistently performing investment markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,790 SF
Building Class
C
Year Built/Renovated
1931/2026
Price
$3,200,000
Price Per SF
$668.06
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.20
Lot Size
0.05 AC
Zoning
C4-4A/R7A - C4-4A Zoning is a general commercial zoning district in NYC typically meant for larger commercial uses such as larger stores and offices and areas with higher traffic.
Frontage
20’ on Flatbush Ave
Property Taxes
| Parcel Number | 05102-0047 | Improvements Assessment | $241,200 |
| Land Assessment | $96,750 | Total Assessment | $337,950 |
Property Taxes
Parcel Number
05102-0047
Land Assessment
$96,750
Improvements Assessment
$241,200
Total Assessment
$337,950
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