1742 Flatbush Avenue, Brooklyn, NY 11210
Kings County
Key Facts
Description
Welcome to this well-positioned mixed-use investment property in the Flatlands. This attached building, situated on an 18 x 72 foot lot with building size of 18 x 55 foot footprint, is perfectly configured with a grocery store occupying the first floor and basement, and a two-bedroom apartment on the second floor. The commercial space provides stable income with a current monthly rent of $3,100 and one year remaining on its lease, while the residential unit offers flexibility and upside with a month-to-month tenancy at $1,700 per month. Zoned R5 with a C2-2 overlay, the property is ideally permitted for its current use. Its excellent location is highlighted by being just two blocks from Kings Highway. With annual gross income of $57,600 and a low annual tax bill of only $3,189, this asset represents a strong cash-flowing opportunity.
Property Information
Property Type
Residential Income
Sub-Type
Mixed Use
Year Built
1920
Stories
2
Living Area
1,980 sq ft
Lot Size
0.03 acres
Lot Dimensions
72 x 18
Zoning
R5
Days on Market
241
MLS® Listing#
497443
Property Features
Appliances
Heating
Flooring
Basement
Parking
Construction
Roof
Financial Details
Annual Taxes
$3,189
Affordability Calculator
$190,000
Estimated monthly payment
$5,056/mo
Principal $760,000 · Est. interest $1,060,268 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $991,198
- Median Listing Price
- 84
- Median Days on Market
- 1,629
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,890
- Active Listings
- This home’s price is 4% below the area median.
- Its price per sq ft is 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
P. S. 119 Amersfort
Elementary · 0.2 mi away
Yeshiva Tiferes Yisroel
School · 0.3 mi away
IS 240
Secondary · 0.3 mi away
I. S. 381
Secondary · 0.3 mi away
Is 240 Andries Hudde
School · 0.4 mi away
Step Special Torah Education Program
School · 0.4 mi away
Preparatory Center for the Performing Arts at Brooklyn College
School · 0.4 mi away
Yeshivas Vyelipol
School · 0.4 mi away
Brooklyn Jesuit Prep
Secondary · 0.5 mi away
Strivright
School · 0.5 mi away
Grace Point Spiritual Baptist Healing School
School · 0.6 mi away
PS 193
Elementary · 0.6 mi away
Swan Daycare
School · 0.6 mi away
Yeshiva Rambam
Secondary · 0.6 mi away
Yeshivat Lev Torah
School · 0.6 mi away
New Generation Pre- School and Kindergarten
School · 0.6 mi away
Midwood Catholic Academy
School · 0.6 mi away
Midwood High School
Secondary · 0.6 mi away
St. Thomas Aquinas
School · 0.7 mi away
Midwood Montessori
Elementary · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 221 McDonald Avenue 5G, Brooklyn, NY | $665,000 | 2 | — | 1,000 |
| 1445 Bedford Avenue 3C, Brooklyn, NY | $665,000 | 3 | 1 | 1,045 |
| 1408 Avenue O 2A, Brooklyn, NY | $667,000 | 2 | — | 1,143 |
| 1807 66th Street 3E, Brooklyn, NY | $668,000 | 1 | — | 649 |
| 35 Melba Court, Brooklyn, NY | $669,000 | 3 | 2 | 992 |
| 47 Gotham Avenue, Brooklyn, NY | $669,000 | 5 | — | 1,732 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: Tiger Realty - 9177089966
Fair Housing NoticeLast Updated: 2025-11-18