# 1135 Flatbush Ave, Brooklyn, NY 11226 > **TL;DR:** 0bd/7ba commercial, $2,988,000 ($678/sqft), 4,410 sqft. Est. $15,981/mo. Listed 121 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,988,000 | | Price/sqft | $678 | | Bathrooms | 7 full | | Square Feet | 4,410 | | Lot Size | 2,108 sqft (0.05 acres) | | Stories | 3 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 121 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $15,109 | | Estimated Insurance | $872 | | **Total** | **$15,981** | ## Property Highlights - 0.05 acre lot - 3 stories ## Description ### 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 Investment 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 ## Location - **Address:** 1135 Flatbush Ave, Brooklyn, NY 11226 - **County:** Kings - **Neighborhood:** Flatbush - **Coordinates:** 40.642567, -73.957347 - **Google Maps:** https://www.google.com/maps?q=40.642567,-73.957347 ## Listing Agent - **Name:** Nina Sabag - **Brokerage:** 5 BORO REALTY CORP - **Phone:** 855-305-DEAL - **Broker Phone:** 855-305-DEAL ## Photos ![1135 Flatbush Ave - Photo 1](http://lh.rdcpix.com/ade3b2e71fe85a1f7c3e65761ff2e35dl-f2726016368r.jpg) ![1135 Flatbush Ave - Photo 2](http://lh.rdcpix.com/ade3b2e71fe85a1f7c3e65761ff2e35dl-f3147012090r.jpg) --- **MLS#:** 11816802 | **Updated:** 2026-10-08 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1135-flatbush-ave-brooklyn-ny-11226-11816802) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1135-flatbush-ave-brooklyn-ny-11226-11816802#listing", "url": "https://www.propertysimple.ai/listing/1135-flatbush-ave-brooklyn-ny-11226-11816802", "name": "1135 Flatbush Ave, Brooklyn, NY 11226", "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 Investment 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. 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