For Sale
$1,998,888

2728 Church Ave FLATBUSH, NY 11226

10 Apartments + 3 Stores, $1.9M

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property at 2728 Church Ave in Flatbush, NY, presents a compelling investment opportunity. The 2,594 square foot building boasts ten rent-stabilized one-bedroom apartments, generating a substantial annual rent roll of $234,000. Currently, one apartment is vacant. Adding to the income stream are three thriving retail spaces: a salon, a Chinese takeout restaurant, and a smoke shop, all operating under existing leases. The building includes 14 meters. Detailed income and expense statements are available upon request, as shown in the attached photos. The property is being sold "as is," occupied. All tenants are responsible for their own electricity and gas. This presents a rare chance to acquire a well-established, income-producing asset in a vibrant Brooklyn neighborhood. The provided rent roll offers a comprehensive overview of the current income generation. This is a turnkey investment ready for a new owner to step in and manage. The property is located at 2728 Church Ave, Flatbush, NY 11226.

Highlights

  • $1,998,888 Asking Price
  • Mixed-use property totaling 2,594 square feet
  • Located at 2728 Church Ave, Flatbush, NY 11226
  • Ten (10) rent-stabilized 1-bedroom apartments, plus three (3) leased retail spaces (salon, Chinese takeout, smoke shop).
  • Annual rent roll of $234,000 (one vacant apartment).
  • All tenants pay their own electricity and gas.

Property Details for 2728 Church Ave

Property type
Mixed-use properties
Square Feet
2,594 SF

Location Insight

City
FLATBUSH
County
36047
State
New York
Latitude
40.6504873
Longitude
-73.9515269

FAQs

What type of property is this?
Mixed-use property - 10 Apartments + 3 Stores, $1.9M
Where is the mixed-use property located?
The property is located at 2728 Church Ave FLATBUSH, NY.
What is the asking price?
The asking price for this property is $1,998,888.
What are key features of this property?
This property features: $1,998,888 Asking Price; Mixed-use property totaling 2,594 square feet; Located at 2728 Church Ave, Flatbush, NY 11226
How can I contact the broker?
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2728 Church Ave
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