950 Flatbush Avenue Brooklyn, NY $ 2,699,000
950 Flatbush Avenue
$ 2,699,000
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950 Flatbush Avenue

Brooklyn, NY, 11226
$ 2,699,000
Bedrooms-- Baths-- Sq 4,756

Monthly Estimate*

$ 16,618

950 Flatbush Avenue, Brooklyn, NY 11226 - Image 1
950 Flatbush Avenue, Brooklyn, NY 11226 - Image 2

Commercial Property for sale in Brooklyn, NY

for $2,699,000. This 4,756 square foot building was built in 1915 on a lot size of 0.0522.

Presenting our latest exclusive at the newly built 950 Flatbush Avenue, a rare mixed-use investment opportunity located in one of Brooklyn’s busiest and most established commercial corridors. This well-maintained property features five residential units plus one established retail store FREE MARKET, offering strong in-place income and long-term upside. Property Highlights Lot Size: 20' x 113.67' Building Size: 20' x 55' Zoning: R7A / C4-4A (R7A Equivalent) Stories: 3 Basement: Full walk-out basement Asking Price: $3,200,000 Residential Configuration 1 Studio Garden Apartment 2 One-Bedroom Apartments 2 Two-Bedroom Apartments Commercial Component The ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month. Investment Potential Situated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of: Strong current cash flow Creditworthy retail tenancy Desirable residential unit mix Finished basement for additional utility Valuable mixed-use zoning with potential for future development Location Positioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities. This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn’s most dynamic and consistently performing investment markets.

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Commercial Active

Price

$ 2,699,000

Property Type

Commercial

Taxes

$ 36,848

Style

Multi Family

Lot Size

0.0522

Year Built

1915

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1001068

Features
General
Sewer Public Sewer
Heating Other
Cooling Electric
Utilities Natural Gas Connected
Zoning C4-4A
Construction Materials Other
Year Built 1915
Property Subtype Multi Family
Tax Year 2025
Parcel Number 05102-0047
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
High School District Brooklyn 22
Number Of Units Total 5
Property Attached Y/N Y
Tax Annual Amount 36848.06
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 22
Elementary School District Brooklyn 22
Tax Assessed Value 298350
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Interior
Basement Finished Full
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Foundation Details Other
Building Area Total 4756
Waterfront Y/N N
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Internal Only
Street Number 1 950
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* Excluded Features
List By
Nina Sabag

Listing Agent

5 Boro Realty Corp

Broker

917-705-0005

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Affordability Calculator

$19,689
Per Month
84%
16%
0%
Monthly Principal & Interest
$16,618
Monthly Property Taxes
$3,071
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101029 Elementary School
4881300 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$2,699,000 -6.93% Price Down
6/4/2026$2,900,000 -9.38% Price Down
5/18/2026$3,200,000 Listed Price

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950 Flatbush Avenue, Brooklyn, NY, 11226 is a Commercial Property for sale at $2,699,000 with 4,756 sqft and a lot size of 0.0522. 950 Flatbush Avenue was built in 1915. The property's zip code is 11226 which is in Brooklyn, NY