Investor Special! Mixed-Use Property with Huge Upside on Flatbush Ave.
Here’s your chance to own a mixed-use property in one of Brooklyn’s busiest commercial corridors. Located on high-traffic Flatbush Avenue with constant foot and vehicle traffic, this property is also just a short distance to the 2 & 5 trains, making it easily accessible from anywhere in NYC.
The existing building measures approximately 21' x 60' and sits on a 21' x 89' lot. It currently features a retail storefront on the first floor with two residential apartments above and will be delivered completely vacant—no tenants to deal with and ready for your next project.
Renovate and create a strong income-producing property, or take advantage of the redevelopment potential. Zoned R6 with an approximate FAR of 3, the property may allow for up to approximately 5,457 square feet of buildable area (buyer to verify all zoning and development potential with their architect).
Surrounded by new development and established businesses, this is an excellent opportunity for investors, builders, or anyone looking to add value in a prime Brooklyn location.
Property is being sold as-is, where-is. Cash or hard money financing is preferred. Bring your vision and don’t miss this opportunity to own on one of Brooklyn’s most desirable commercial avenues!
Investor Special! Mixed-Use Property with Huge Upside on Flatbush Ave.
Here’s your chance to own a mixed-use property in one of Brooklyn’s busiest commercial corridors. Located on high-traffic Flatbush Avenue with constant foot and vehicle traffic, this property is also just a short distance to the 2 & 5 trains, making it easily accessible from anywhere in NYC.
The existing building measures approximately 21' x 60' and sits on a 21' x 89' lot. It currently features a retail storefront on the first floor with two residential apartments above and will be delivered completely vacant—no tenants to deal with and ready for your next project.
Renovate and create a strong income-producing property, or take advantage of the redevelopment potential. Zoned R6 with an approximate FAR of 3, the property may allow for up to approximately 5,457 square feet of buildable area (buyer to verify all zoning and development potential with their architect).
Surrounded by new development and established businesses, this is an excellent opportunity for investors, builders, or anyone looking to add value in a prime Brooklyn location.
Property is being sold as-is, where-is. Cash or hard money financing is preferred. Bring your vision and don’t miss this opportunity to own on one of Brooklyn’s most desirable commercial avenues!
Listing Courtesy of Re/Max Central