838 Flatbush Ave Turn-Key Mixed-Use Building

For Sale - 838 FLATBUSH AVENUE- Brooklyn - Flatbush - Ditmas Park

$6,300,000

Net Operating Income: $361,789

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Key Details

Property Type
Mixed Use
Neighborhood
Flatbush - Ditmas Park
Property Dimensions
29.17 x 75.0
Property Area
8,760 sq.ft.
Total Units:
14
Stories:
4
NOI
$361,789
Price
$6,300,000
Price Per Unit
$450,000
Cap Rate
5.7%

Listing Description

• Turn-key 4-story mixed-use building with a total of 12 apartments & 2 Stores
• Fully vacant & free-market
• The building has been completely gut-renovated (floor plans available upon request)
• All units have been completed with high-end finishes including washer & dryers and
individual AC/heating
• Located on a prime retail corridor near Prospect Park
• Long-term owner used to operate his business out of the ground floor
• Within walking distance to the Church Ave Station ( trains)

Property Details

Block/Lot:
5082/23
Lot Dimensions
29.17 x 105.0
Lot Area
3,050 sq.ft
Zoning:
R7A
FAR as Built:
2.87
Max FAR:
4.0
Lev MavashevAlpha Realty
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