1159 Flatbush AveBrooklyn, NY 11226

Property Details for 1159 Flatbush Ave

Property size (Sq ft)

2,400 SF

Property type

Specialty properties

Property subtype

Retail properties

Description

This exceptional two-story, 2,400 square foot commercial building presents a unique investment opportunity in the vibrant Flatbush neighborhood of Brooklyn, New York. Located at 1159 Flatbush Avenue, this Class B property boasts a prime corner location, ensuring high visibility and accessibility for potential tenants. The building is zoned R and is currently configured as a single-tenant space, ideal for a variety of uses, including medical offices, daycare centers, or banking facilities. The building's versatile nature makes it suitable for a range of businesses seeking a prominent presence in a bustling area. The property is available for lease at $14,000 per month, plus 60% of annual taxes and all utilities. Alternatively, the building is available for purchase at $5.8 million. The absence of elevators should be noted. This presents a strong investment opportunity for those seeking a well-located, adaptable commercial space in a thriving Brooklyn community. The building's size and location make it an attractive option for businesses seeking a high-traffic area with excellent visibility. The property is situated in a dynamic neighborhood with a strong local economy and significant foot traffic. The lease terms offer flexibility, and the sale price represents a compelling value proposition for long-term investors.

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6421

Longitude

-73.9568

FAQs

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