1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
1137 Flatbush Avenue
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For Sale

1137 Flatbush Avenue

1137 Flatbush Avenue, New York City, NY 11200

$2,100,000

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.

12
beds

4
baths

5,170 Sq.Ft. LIVING AREA

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Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I'll be in touch shortly to confirm your appointment.
Thank you for your interest in 1137 Flatbush Avenue, New York City, NY 11200. We are reviewing your request and will be in touch shortly!
Darrell Williams

Darrell Williams

Features & Amenities

Interior

  • total bedrooms12
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status For Sale
  • Living Area5,170 Sq.Ft.
  • MLS® IDOLRS-0052121
  • TypeResidential
  • YEAR BUILT1933
  • Architecture StylesPrewar

Exterior

  • STORIES3

Financial

  • Sales Price$2,100,000
  • Zoning R7A
1137 Flatbush Avenue
1137 Flatbush Avenue

This income-producing property spans 5,170 square feet

– Darrell Williams
1137 Flatbush Avenue

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Work With Darrell

Darrell Williams works in Manhattan, Brooklyn, Queens, and the Bronx. His expertise includes new development sales/leasing projects, investment sales, and 1st time home buyers. Whether you're purchasing or selling, he'll keep you feeling comfortable and confident from start to end.

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