Oops, it looks like you’re using a web browser our site no longer supports. For the best viewing experience, please use one of the following:
Google Chrome, Microsoft Edge, Apple Safari or Mozilla Firefox.

Mortgage Calculator

Amount to borrow:

Downpayment %:

Term (in years):

Interest rate %:

Down Payment:

Amount Financed:

Monthly Payment:

Instructions: Enter numbers and decimal points. No commas or other characters.

Log in
Not registered? Create an account
Already have an account? Log In

1137 Flatbush Ave, , NY 11200

Active Listing
Listing Details:
$2,200,000 Price
Multi-Family Townhouse Property Type
New York City Neighborhood
12 Beds
4 Baths
5,170 Approx. Sq. Ft.
$833 RET
Key Features:
Allows Pets

Welcome to 1137 Flatbush Avenue, a 3-story mixed-use building property located in the bustlingneighborhood of Flatbush, Brooklyn.

This income-producing property consistsof 4 large free-market residential apartments and two retail units spread across 5,170 sqft.Each residentialunit includes (3) bedrooms, a renovatedkitchen/ renovated bathroom, and features exposed brick in the bedrooms.

1137 is an excellent acquisitionfor an investor looking for a property with a stableincome and the opportunitytoaddvalue. The current cap rate of 5% can be expected to reach 7%. An investor also has a development opportunity with the property in an R7A/C2-4 zoning, 3,500 SF of additional air rights.

The property is conveniently located near shopping, restaurants, entertainment, and the historic Kings Theatre. The Beverly Road 2 and 5 trains are a five-minute walk. The Cortelyou Road Q train is a twelve-minute walk west of the property.

Listing courtesy of Compass

Discuss this property with a Core agent:

New York City See All Neighborhoods »