Sold for $1,030,000

$1,030,000

3844 Flatlands Ave, Brooklyn, NY 11234

--beds

2,600sqft

Mixed Use

Built in 1931

2,000 Square Feet Lot

$1,039,300 Zestimate^®

$396/sqft

$4,689 Estimated rent

Home value

$1,039,300

$935,000 - $1.15M

$4,689/mo

Zestimate^® history

Owner options

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$4,689/mo

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$4,689/mo

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$6,107/mo

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$6,107/mo

Est. payment

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What's special

Commercial spaceSolid brick buildingDaycare and preschool

An exceptional opportunity to own a mixed-use property in the highly sought-after Marine Park neighborhood of Brooklyn. This solid brick building spans 20x65 on a 20x100 lot and offers a versatile investment with multiple income streams. The ground floor features a commercial space currently operating as a daycare & preschool, while the second floor consists of two residential units—a spacious 2-bedroom apartment in the front (will be vacant by April 1st) and a 1-bedroom unit (month to month) in the rear. With a prime location on high-traffic Flatlands Ave, Close to local buses, favorable zoning for various business uses, and both commercial and residential tenants in place, this property is an outstanding investment that won’t last long.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 3
1/2 bathrooms: 3

Heating

Natural Gas, Steam/Radiator

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood, Tile
Basement: Unfinished

Interior area

Total structure area: 2,600
Total interior livable area: 2,600 sqft

Property

Parking

Parking features: None

Features

Stories: 2

Lot

Size: 2,000 Square Feet
Dimensions: 20x100
Features: Back Yard

Details

Foundation area: 1300
Parcel number: 078580046
Zoning: R3-2
Special conditions: Arm's Length

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Brick, Brick Veneer
Foundation: Concrete Perimeter
Roof: Flat

Condition

Year built: 1931

Utilities & green energy

Electric: 110 V, 220 Volts

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $396/sqft
Tax assessed value: $979,000
Annual tax amount: $7,556
Date on market: 2/24/2025
Cumulative days on market: 81 days
Total actual rent: 78600

Price history

Date	Event	Price
7/23/2025	Sold	$1,030,000-6.3%$396/sqft
Source: BNYMLS #489430 Report a problem
5/31/2025	Contingent	$1,099,000$423/sqft
Source: StreetEasy #S1755689 Report a problem
5/16/2025	Pending sale	$1,099,000$423/sqft
Source: BNYMLS #489430 Report a problem
3/12/2025	Price change	$1,099,000-4.4%$423/sqft
Source: BNYMLS #489430 Report a problem
2/24/2025	Listed for sale	$1,149,000$442/sqft
Source: BNYMLS #489430 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,821 +3.5%	$58,740 +4.4%
2024	$7,556	$56,280 -17.4%
2023	--	$68,100 +8.5%
2022	--	$62,760 +11.3%
2021	--	$56,400 +22.9%
2020	$6,952 +4.8%	$45,900 +15%
2019	$6,636 +3.2%	$39,900 +29.8%
2018	$6,431 +3.8%	$30,744 +1.2%
2017	$6,194 +9.2%	$30,384 +4.7%
2016	$5,673	$29,012 +6%
2015	$5,673 +64.1%	$27,370 +4.8%
2014	$3,457	$26,126