$1,475,000

The Forray Team at The Corcoran Group is pleased to exclusively present 1452 Flatbush Avenue, a well-positioned mixed-use building offering dependable income and long-term upside in Brooklyn's Midwood/Flatbush section, at the historic Flatbush-Nostrand Junction. Sitting directly on one of Brooklyn's busiest retail corridors and moments from Brooklyn College, the property… Read More presents a compelling opportunity for investors, developers, and end-users seeking a stable, high-visibility asset in one of the borough's most heavily trafficked commercial nodes. The property comprises approximately 3,500 gross square feet above grade, situated on a 20' 100' lot totaling approximately 2,000 square feet.Zoned R7A with a C2-4 commercial overlay, the asset carries a 4.0 FAR against a current FAR of just 1.75 , leaving approximately 4,500 square feet of unused buildable area - a total buildable envelope of 8,000 square feet - and meaningful room for future expansion or repositioning. Annual real estate taxes run approximately $ 25,843 under Tax Class 4. The building is configured as two residential rental units over a ground-floor retail storefront: a 3-bedroom, 1-bathroom unit over a 3-bedroom, 1-bathroom unit, above an approximately 1,300-square-foot commercial space. The store level includes a full cellar for storage, direct access to a rear outdoor space, and two half-bathrooms, giving a future retail, office, or service tenant real flexibility. This configuration offers strong income-producing capability while suiting an owner-occupant seeking supplemental rental income, a long-term investor targeting Flatbush's deep and stable rental demand, or a buyer exploring a value-add or repositioning strategy. Currently offered at a 6.87% pro-forma cap rate. Ideally situated at the Flatbush- Nostrand Junction - anchored by Brooklyn College and the 250-business Flatbush- Nostrand Junction Business Improvement District - 1452 Flatbush Avenue places tenants and occupants within immediate reach of the neighborhood's shopping, dining, and civic life. The property carries a 96 Walk Score ("Walker's Paradise") and a 100 Transit Score ("Rider's Paradise"), among the strongest transit profiles in Brooklyn. The 2 and 5 subway lines are reachable via a station entrance at Nostrand and Flatbush Avenues roughly 0.2 miles away, and the B41 local and B103 limited-stop buses run directly along Flatbush Avenue, providing fast, direct connections throughout Brooklyn and into Manhattan. Whether pursuing a cash-flowing mixed-use investment, an owner-occupied opportunity with income offset, or a longer-term play on the property's unused FAR, 1452 Flatbush Avenue offers a rare combination of stable income, zoning upside, and premier positioning at one of Brooklyn's busiest commercial crossroads. Read Less

Listing Courtesy of: Mike Laurent, Corcoran Group

Listing Snapshot

Days Online

Last Updated

Oct 10, 2026

Property Type

MixedUse

Beds

Full Baths

Partial Baths

Square Ft.

3,500

Year Built

1933

MLS Number

RLS20118608

Additional Details

Building

Built in 1933, Living area: 3500.0, Living area units: SquareFeet, 3 stories, Entry level: 1

Exterior Features

Patio/Porch Features: Terrace, PrivateOutdoorSpaceOver60Sqft

Interior Features

SmokeFree, Storage

Laundry

InUnit

Lot

Dimensions: 100.00x20.00

Pets Policy

Allowed: BuildingYes, No

Pool

BuildingNone

Taxes

Parcel Number: 05249-0055, Annual Amount: $310,116, Tax Block: 05249, Lot: 0055

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1452 FLATBUSH Avenue

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