2370 Flatbush AveBrooklyn, NY 11234

Property Details for 2370 Flatbush Ave

Year built

1932

Lot size

0.09 AC

Property size (Sq ft)

3,200 SF

Zone code

C8-1

Property type

Retail space

APN

08528-0057

APU

85280057

Description

This exceptional 3,500 square foot retail space is ideally situated at 2370 Flatbush Avenue in the vibrant Flatbush neighborhood of Brooklyn, New York. Located in Kings County, this single-tenant property presents a unique opportunity for a wide range of businesses. The entire 3,500 square feet is currently vacant, offering a blank canvas for a prospective tenant to customize the space to perfectly suit their needs. The property's prime location on Flatbush Avenue ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access to public transportation. This makes it an attractive proposition for businesses seeking a strong presence in a bustling commercial area. The property is classified as commercial retail and offers a substantial footprint for a variety of retail concepts. The address is 2370 Flatbush Avenue, Brooklyn, NY 11234. This is a single-tenant occupancy, providing a streamlined and efficient operational environment. The property's size and location make it an excellent investment opportunity for those seeking a high-impact retail presence in a thriving Brooklyn community. Serious inquiries are encouraged to explore the potential of this remarkable retail space. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $777,712

  6.5%

  $717,888

  7%

  $666,610

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,053,642

  Geo Method

  $1,053,642

• Alternative Use

  Use

  Valuation

  Residential

  $605,565

  Hospitality

  $554,694

  Educational

  $461,499

  Medical

  $477,371

  Retail

  $717,888

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6122

Longitude

-73.9258

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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