Price Per SF
$385
Gross SQFT
4,420
Property Type
Retail
LEAD LISTING AGENT
Jermaine Pugh
Associate Vice President
Email
[email protected]
License No.
10401281410 (NY)
Direct
+1 (718) 701-5129
Mobile
+1 (201) 850-0762
ADDITIONAL LISTING AGENT
DEBT FINANCING AGENT
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