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Investment Highlights

  • Cap Rate 6.4% | Stable Income
  • High-Exposure Flatbush Ave Retail Asset
  • Development Potential

Executive Summary

6.4% Cap Rate | High-Exposure Flatbush Ave Retail Asset | Stable Income | Development Potential
Exceptional retail investment opportunity on the highly visible Flatbush Avenue corridor in Brooklyn. This approximately 3,740 SF commercial property features three ground-floor storefronts with strong street presence, excellent exposure, and approximately 70 feet of frontage along one of the area’s most active commercial thoroughfares. Surrounded by a dense residential population, established neighborhood businesses, and consistent foot and vehicular traffic, this property is exceptionally well positioned for both current performance and future growth.
The asset is currently configured with 2 leased retail units, 1 vacant storefront, and additional income from a leased 4-car garage, creating multiple income streams with built-in upside. This configuration provides immediate in-place cash flow while preserving meaningful value-add potential through lease-up, repositioning, or owner-user occupancy. The multi-storefront layout further enhances leasing flexibility and broadens the property’s appeal for investors seeking both stability and future growth.
Located within a C2-2 / R5 zoning district, the property also offers attractive long-term development potential, with an approximate maximum buildable square footage of 8,558 SF, subject to independent verification. Whether for an investor looking to capitalize on existing cash flow and future appreciation, or for an owner-user seeking a prominent Brooklyn location with additional upside, this is a compelling opportunity to acquire a well-positioned commercial asset on one of the borough’s busiest corridors.

Attachments

Rent Roll 2026

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,740 SF
Building Class
C
Year Built
1931
Price
$2,753,360 CAD
Price Per SF
$736.19 CAD
Cap Rate
6.40%
NOI
$176,215 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.16 AC
Zoning
R5 C2-2 - a mixed-use district where a primarily residential R5 zone is combined with a commercial C2-2 overlay,
Parking
4 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
70’ on Flatbush Ave

Amenities

  • Metro/Subway

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Dental Clinic
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Go Ninety Nine Cents
  • Retailer
  • -
  • -
  • -
  • Tax Experts
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Dental Clinic Health Care and Social Assistance - - -
Go Ninety Nine Cents Retailer - - -
Tax Experts Professional, Scientific, and Technical Services - - -
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
TD Bank
Buffalo Wild Wings
Applebee's
Golden Krust Caribbean Bakery & Grill
Chase Bank
Apple Bank
Bank of America
Citizens Bank
HSBC

Property Taxes

Property Taxes

Parcel Number
07618-0013
Land Assessment
$89,065 CAD
Improvements Assessment
$222,974 CAD
Total Assessment
$312,039 CAD
  • Listing ID: 40078184

  • Date on Market: 2026-04-08

  • Last Updated:

  • Address: 1800-1806 Flatbush Ave, Brooklyn, NY 11210

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