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  • $2,988,000

    1135 Flatbush Ave, Brooklyn, NY 11226

    6beds
    4,410sqft
    Loading
    Mixed Use
    Built in 1933
    -- sqft lot
    $2,921,400 Zestimate®
    $678/sqft
    $-- HOA

    What's special

    Strong retail frontageSoutheast corner exposure
    1135 Flatbush Avenue, Brooklyn, NY Prime Mixed-Use Investment Opportunity with Significant Upside Potential 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. The existing building contains approximately 4,410 SF of built space and generates a current Net Operating Income (NOI) of $147,052 annually, with projected NOI reaching $183,856 annually through rent optimization and market-rate leasing. Property Highlights Corner mixed-use property on Flatbush Avenue Lot Size: 2,110 SF Building Size: 4,410 SF Zoning: R7A / C2-4 Current FAR: 2.09 Maximum Buildable Area: 8,440 SF Additional Buildable Area Available: 4,030 SF Southeast corner exposure Strong retail frontage and residential rental income Annual Property Taxes: $31,892 Investment Potential 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.
    49 days
    |
    115
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    5 Boro Realty Corp 917-705-0005,

    Nina Sabag,

    Natalie Efraimov

    Source: StreetEasy,MLS#: S1833000

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 4,410
      • Total interior livable area: 4,410 sqft

      Property

      Details
      • Parcel number: 051870011
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Condition
      • Year built: 1933

      Community & HOA

      Community
      • Subdivision: Flatbush
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $678/sqft
      • Tax assessed value: $795,000
      • Annual tax amount: $31,892
      • Date on market: 6/10/2026

        Estimated market value

        $2,921,400

        $2.78M - $3.07M

        $3,924/mo

        Price history

        DateEventPrice
        6/10/2026Listed for sale$2,988,000+89.1%$678/sqft
        Source: StreetEasy #S1833000 Report a problem
        9/11/2015Sold$1,580,000+5076.3%$358/sqft
        Source: Public Record Report a problem
        1/15/2013Sold$30,524-96.6%$7/sqft
        Source: Public Record Report a problem
        6/6/2010Listing removed$899,000$204/sqft
        Source: HELMAR BROKERAGE LTD #350528 Report a problem
        5/20/2010Listed for sale$899,000$204/sqft
        Source: HELMAR BROKERAGE LTD #350528 Report a problem
        3/13/2010Listing removed$899,000$204/sqft
        Source: HELMAR BROKERAGE LTD #350528 Report a problem
        2/11/2010Listed for sale$899,000$204/sqft
        Source: HELMAR BROKERAGE LTD #350528 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,892 +2.7%$357,750 +5.9%
        2024$31,059 $337,680 -20%
        2023-- $422,100 +19.9%
        2022-- $351,900 +8.5%
        2021-- $324,450 -8.8%
        2020$24,599 +3.2%$355,950 -0.9%
        2019$23,836 $359,100 +102.9%
        2018-- $176,945 +8%
        2017$20,839 +6.6%$163,840 +8%
        2016$19,544 $151,707
        2015$19,544 +56.6%$151,707 +3.2%
        2014$12,479 $147,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flatbush

        Getting around

        95 / 100
        Walker's Paradise
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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