Ronald Garafalo - John J Lease Realtors Logo
$2,988,000
( $677.55Per Sq Foot )
 $16,040 est/mo Sourced by Back At You

1135 Flatbush Avenue,Brooklyn, NY 11226

Brooklyn, NY 11226

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Description

1135 Flatbush Avenue, Brooklyn, NYCorner Lot | 3 Commercial Spaces | 4 Residential Apartments | 4,000 sqft Extra Buildable Prime Mixed-Use Investment Opportunity 1135 Flatbush Avenue presents a rare opportunity to acquire a well-positioned mixed-use asset in one of Brooklyn's most active commercial corridors. Situated on a 2,110 SF corner lot with excellent visibility, the property benefits from strong residential and retail demand, making it ideal for both investors and developers. Property HighlightsCorner mixed-use property on Flatbush AvenueLot Size: 2,110 SFBuilding Size: 4,410 SFZoning: R7A / C2-4Current FAR: 2.09Maximum Buildable Area: 8,440 SFAdditional Buildable Area Available: 4,030 SFSoutheast corner exposureStrong retail frontage and residential rental incomeAnnual Property Taxes: $31,892Investment Opportunity With over 4,000 SF of unused development rights, investors have the opportunity to expand the existing structure and unlock substantial additional value. The property's location along the Flatbush Avenue corridor offers excellent transportation access, high pedestrian traffic, and long-term appreciation potential.

Details

MLS #1011794
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1933
Days On Site95
Listing Provided By5 Boro Realty Corp | Nina Sabag

Features

SQ Feet4,410
BasementY
Units7
ZoningR7A
Acreage0.05

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas, Other

Exterior

Construction MaterialsOther
Foundation DetailsOther

Parking

Parking FeaturesOn Street

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount31735.36

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11226
Listing VS Median (in 11226)
Price:
$2,988,000
low | high
Med:
$949,500
100% of Average
sqft:
4,410
low | high
Med:
14,807
100% of Average
$ / sqft:
$678
low | high
Med:
$227
100% of Average
On site:
95
low | high
Med:
170.5
55.718475073314% of Average
Sourced by Back At You

Market Activity 11226

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Learn More About This Property

Ronald Garafalo

Ronald Garafalo

John J Lease REALTORS

 (845) 283-1279rongarafalo@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11226
Listing VS Median (in 11226)
Price:
$2,988,000
low | high
Med:
$949,500
100% of Average
sqft:
4,410
low | high
Med:
14,807
100% of Average
$ / sqft:
$678
low | high
Med:
$227
100% of Average
On site:
95
low | high
Med:
170.5
55.718475073314% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.241M - $3.735M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
2313 Newkirk Avenue Property Photo 1
$1,199,999
2313 Newkirk Avenue
Brooklyn, NY 11226
Listing Updated: July 9, 2026 at 3:26:02 PM PDT

Ronald Garafalo - John J Lease Realtors