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About This Home

This 0-bedroom, 7-bathroom commercial at 1135 Flatbush Ave in Brooklyn, NY is listed for $2,988,000 ($678 per sqft). the home offers 4,410 sqft of living space on a N/A lot.

Agent Description

1135 Flatbush Avenue, Brooklyn, NY Corner Lot | 3 Commercial Spaces | 4 Residential Apartments | 4,000 sqft Extra Buildable Prime Mixed-Use Investment Opportunity 1135 Flatbush Avenue presents a rare opportunity to acquire a well-positioned mixed-use asset in one of Brooklyn's most active commercial corridors.

Situated on a 2,110 SF corner lot with excellent visibility, the property benefits from strong residential and retail demand, making it ideal for both investors and developers. The existing building contains approximately 4,410 SF of built space and generates a current Net Operating Income (NOI) of $147,052 annually, with projected NOI reaching $183,856 annually through rent optimization and market-rate leasing.

Property Highlights Corner mixed-use property on Flatbush Avenue Lot Size: 2,110 SF Building Size: 4,410 SF Zoning: R7A / C2-4 Current FAR: 2.09 Maximum Buildable Area: 8,440 SF Additional Buildable Area Available: 4,030 SF Southeast corner exposure Strong retail frontage and residential rental income Annual Property Taxes: $31,892 Inves

tment Opportunity With over 4,000 SF of unused development rights, investors have the opportunity to expand the existing structure and unlock substantial additional value. The property's location along the Flatbush Avenue corridor offers excellent transportation access, high pedestrian traffic, and long-term appreciation potential.

Whether you're seeking a stable cash-flowing asset, a value-add opportunity, or a future development play, 1135 Flatbush Avenue delivers immediate income with significant upside. Property Highlights Corner mixed-use property on Flatbush Avenue Lot Size: 2,110 SF Building Size: 4,410 SF Zoning: R7A / C2-4 Maximum Buildable Area: 8,440 SF Additional Buildable Area Available: 4,030 SF Southeast corner exposure Strong retail frontage and residential rental income Annual Property Taxes: $31,892

Key Features

  • 3 stories

Property Details

3 stories
7 full

Monthly Cost Estimate

$15,980/mo

20% down · 6.5% · 30 years

Principal$2,161
Interest$12,948
Insurance$872

Estimates only. Actual payments may vary.

Location

1135 Flatbush Ave

Brooklyn, NY 11226

Property Details

Parking

Garage

Questions & Answers

This 0-bedroom, 7-bathroom commercial at 1135 Flatbush Ave is listed at $2,988,000 ($678/sqft). The estimated monthly payment is $12,948 based on 20% down at 6.5% interest.

Key features include: 3 stories.

This property is listed by NINA SABAG and can be reached at 8553053325 or nina@5brc.com.

NS

NINA SABAG

Agent at 5 BORO REALTY CORP

(855) 305-3325

Listed by 5 BORO REALTY CORP · View on Broker Site

MLS# 11816802· Source: listhub· Updated 2 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1135 Flatbush Ave, Brooklyn, NY 11226

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