Description
281 Flatbush Avenue,
Brooklyn,
NY
11217
Legal 14 unit mixed use building with 2 commercial storefronts located along prime Flatbush Avenue. The property generates $383,035 gross income with a strong $302,623 NOI and offers immediate and near term upside. Generational ownership, first time to market. The building units consist of 11 One Bedroom (RS), 1 One bedroom (De-Regulated) 2 Studio and 2 commercial all separately metered. Two Units Delivered vacant rest Fully occupied with stable strong tenancy. Ideal for investors seeking stable cash flow with value add and long term upside in a core Brooklyn corridor. Centrally located to major transportation hub for LIRR, Subway, Barclays Center, BAM and Prospect Park.
Listing By: Brown Harris Stevens via Data Source: RealPlus MLS
New York City Department Of Education
School District
Price History
| date | price | variance | type |
|---|
| 6/4/2026 | $5,900,000 | - | Listed |
listing agent: Peter Grazioli