768 FLATBUSH AVENUE

768 Flatbush Avenue, Brooklyn, NY 11226
$1,700,000

Price Per SF
$385
Gross SQFT
4,420
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • Prime Location: 768 Flatbush Avenue, a 3-story, 4,420 square foot commercial building situated in the heart of prime Flatbush.
  • Flourishing Area: Ideal for investors and end-users due to its thriving location.
  • Building Dimensions: 20′ x 121′ on the ground level and 20′ x 50′ on the upper floors.
  • Upper Floors: Vacant, offering a blank canvas for residential or retail conversion.
  • Significant Rental Growth: 20% – 25% increase in residential and commercial rents in the neighborhood over the last 24 months.
  • Upside Opportunity: Only one year remaining on the below-market retail lease, providing future upside potential.
  • Retail Impact: Proximity to Target has positively transformed the retail landscape on Flatbush Ave.
  • Transit Access: Short walk to Church Avenue B & Q train, offering a 20-minute commute to Downtown Brooklyn and Manhattan.
  • Investment Appeal: Ideal for those looking to capitalize on the ongoing growth and transformation of Flatbush Avenue.

Broker of Record

  • Cory Rosenthal
  • License No. 10991237833 (NY)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203