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1968 Flatbush Ave
Brooklyn, NY 11234
Retail Property For Sale

Executive Summary

1968 Flatbush Avenue presents a rare opportunity to acquire a mixed-use building in a vibrant Brooklyn corridor with substantial street visibility. The property comprises roughly 3,450 square feet of building area across three stories plus a basement. The first and second floors will be delivered vacant upon sale, creating turnkey potential for owner-users or repositioning investors. The ground floor includes a dedicated retail space featuring prime frontage along Flatbush Avenue, an active corridor noted for dense traffic and strong retail demand.
Above the retail level, two free-market residential apartments offer high-value upside. The second floor has a two-bedroom layout and will be delivered vacant, while the third-floor unit is currently occupied on a month-to-month basis. Seller financing is available for up to five years, interest-only at market rates, offering additional flexibility. This site benefits from heavy pedestrian and vehicular circulation along Flatbush Avenue and sits steps from multiple MTA bus lines (B41, B82) with easy connections to the Q subway line, making it highly accessible. With significant signage visibility, the property supports diverse tenancy options and long-term rent growth in a high-demand Brooklyn neighborhood.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,405 SF
Building Class
C
Year Built
1949
Price
$1,655,748 CAD
Price Per SF
$486.27 CAD
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.89
Lot Size
0.04 AC
Zoning
R5 - Medium density district with a height limit of 40 feet
Frontage
37’ on Flatbush Ave

Property Taxes

Property Taxes

Parcel Number
07817-0053
Land Assessment
$15,398 CAD
Improvements Assessment
$45,450 CAD
Total Assessment
$60,849 CAD
  • Listing ID: 40267962

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 1968 Flatbush Ave, Brooklyn, NY 11234

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