1908 Flatbush AveBrooklyn, NY 11210

  • Investment properties
  • 1,836 SF
For Lease
$48/SF/YR View listing

Property Details for 1908 Flatbush Ave

Year built
1938
Lot size
0.02 AC
Property size (Sq ft)
1,836 SF
Zone code
R5
Property type
Investment properties
Property subtype
Live-work space
APN
07810-0036
APU
78100036

Description

This exceptional 1,000-square-foot retail space is situated at 1908 Flatbush Avenue in Brooklyn, New York, within the vibrant Midwood submarket of Kings County. The property is ideally located in a high-traffic area, offering excellent visibility and accessibility for businesses. Its prime location directly across from a Starbucks and Dunkin' Donuts ensures high foot traffic and significant brand exposure. The space is suitable for a variety of retail uses, including creative retail concepts and flexible office arrangements. The building itself is a mixed-use structure, reflecting the dynamic and diverse nature of the surrounding neighborhood. This single-tenant space presents a unique opportunity for businesses seeking a prominent location in a bustling area of Brooklyn. The property's address is 1908 Flatbush Avenue, Brooklyn, NY 11210. Its convenient location offers easy access to various transportation options and a wide range of amenities. The space's versatility makes it an attractive option for a diverse range of businesses looking to establish a strong presence in a thriving community. This is a fantastic opportunity to secure a retail space in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $303,546
    6.5%
    $280,196
    7%
    $260,182
  • Comparable approach

    Method
    Valuation
    Relative Method
    $239,892
    Geo Method
    $239,892
  • Alternative Use

    Use
    Valuation
    Residential
    $347,443
    Hospitality
    $318,256
    Educational
    $264,785
    Medical
    $273,892
    Retail
    $411,888

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6231
Longitude
-73.9378
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,163
$12,060
$18,420
$30,480
-
$201,000
$307,000
$508,000

FAQs

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