2450 Flatbush AveBrooklyn, NY 11230

For Sale
$5,000,000

15,300 SF Retail Space, Vacant, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
97
Exceptional investment opportunity: a vacant, two-story storefront totaling 15,300 square feet situated on a 6,000 square foot lot in Brooklyn, New York. This property, built in 1987, boasts a 60-foot frontage and features three selling floors, including a lower level. The building is zoned C8-1 and offers a compelling 5.20% cap rate with a Net Operating Income (NOI) of $260,320, and an asking price of $5,000,000. The location at 2450 Flatbush Avenue, zip code 11230, is highly desirable, directly across from Kings Plaza Shopping Center and near prominent landmarks such as Floyd Bennett Field, Aviator Sports and Events Center, Marine Park, and Marine Park Golf Course. Conveniently located just 2.0 miles from the Avenue U Subway Station, this property offers excellent accessibility. The property is currently vacant and ready for immediate occupancy, presenting a unique chance to establish a thriving retail business or secure a strong investment in a prime Brooklyn location. The property's address is 2450 Flatbush Ave, Brooklyn, NY 11230, with APN 08542-0060.

Highlights

  • 15,300 SF vacant two-story storefront on a 6,000 SF lot in Brooklyn, NY.
  • 60-foot frontage with three selling floors, including a lower level.
  • 5.20% cap rate, $260,320 NOI, $5,000,000 asking price.
  • Located at 2450 Flatbush Ave, Brooklyn, NY 11230 (APN 08542-0060), across from Kings Plaza.
  • C8-1 zoning, ready for immediate occupancy.

Property Details for 2450 Flatbush Ave

Property type
Other retail properties, Individual retail properties
Square Feet
15,300 SF
Year Built
1987
Buildings
1
Stories
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6190629
Longitude
-73.9653715
2450 Flatbush Ave, Brooklyn, New York

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2450 Flatbush Ave
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