1197 Flatbush Avenue

$1,594,000
Price
Beds
3,000 Sq. Ft.
$531 / Sq. Ft.
3,000
Sq. Ft.
$531
per Sq. Ft.

Description

Don't miss this chance to own a property in the vibrant Flatbush neighborhood! Ideal for investors or first-time buyers, this property offers exceptional potential in a sought-after Brooklyn location. 1197 Flatbush Ave, Brooklyn NY 11226 is a prime location situated on bustling Flatbush Ave with high visibility and foot traffic. This property has endless possibilities, perfect for rental income, retail use, or future development. Take advantage of this rare opportunity to invest in one of Brooklyn's...Don't miss this chance to own a property in the vibrant Flatbush neighborhood! Ideal for investors or first-time buyers, this property offers exceptional potential in a sought-after Brooklyn location. 1197 Flatbush Ave, Brooklyn NY 11226 is a prime location situated on bustling Flatbush Ave with high visibility and foot traffic. This property has endless possibilities, perfect for rental income, retail use, or future development. Take advantage of this rare opportunity to invest in one of Brooklyn's hottest markets. Whether you are looking to grow your portfolio or secure your first property, this is the deal for you. Owner financing available. Don't miss the opportunity to make this property yours! income Producing Mix-Use For Sale! Opportunity is knocking! Call today for your private tour of this centrally located mix-use property. Located in one of Brooklyn's busiest corridors. 1197 Flatbush Ave, offers 2 spacious residential units, and an established storefront located on the first floor. (Total annual rental income $90,600 + tenants pays 50% taxes.) the opportunities are endless and the expenses are limited! Close to stores, supermarkets, high volume of foot traffic. B41 Bus route , Trains "B" and "Q"
  1. Listed by Rafi A. Ahmad • GMA Enterprise
    P: (718)-322-4030 C: (718)-322-4030 realestate@gmaenterprise.com

Property Details for 1197 Flatbush Avenue

Section Area
Tilden Ave
LISTING UPDATED: 12/06/2024 03:26 PM

Property Details for 1197 Flatbush Avenue

StatusActive
MLS ID3550171
Days on Market217
Taxes$10,979 / year
Maintenance-
Min. Down Pymt-
Total Rooms14.0
Compass TypeMulti Family
MLS TypeTriplex
Year Built1910
Lot Size1,691 SF / 19' x 90'
CountyKings County

Building

1197 Flatbush Ave

3 Units3 StoriesBuilt in 1910

Building Information for 1197 Flatbush Avenue

Stories3Residences3Year Built1910Building Size18.83' x 54'Building Sq. Ft3,050.46 SFLot Size1,691 SF / 19' x 90'Building Age-Building Type-

Property Information for 1197 Flatbush Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: Google maps
  • Tax Block: 5188
  • Tax Lot: 10
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • State Or Province: NY
School Information
  • School District: Brooklyn 22
  • Elementary School: Ps 207 Elizabeth G Leary
  • High School District: Brooklyn 22
  • High School: Brooklyn College Academy
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 3
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Auxiliary Room
  • RoomDescription 1: commercial/store
Room 2 Information
  • Room Level: Second
  • Room Type: Auxiliary Room
  • Room Description: 2 Bedrooms apt
Room 3 Information
  • Room Type: Auxiliary Room
  • Room Description: 3 Bedrooms apt
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 05188-0010
  • Included In Taxes: Sewer,Trash
  • Additional Fees: 0
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Number Of Kitchens: 2.0
  • Total Rooms: 14
  • Basement: Walk-Out Access
  • Fireplaces Total: 0
  • Location Amenities: Walk Out Basement
  • Spa: No
Exterior Features
  • Exterior Property Features: On Street, Near Public Transit, Near Shops
  • Elevation Certificate: No
  • Construction Materials: Brick
  • Pool Private: No
Lot Information
  • Lot Features: Near Public Transit,Near Shops
  • Lot Size Dimensions: 18.83x89.83
  • Site Features: Near Public Transit, Near Shops
Parking
  • Parking Features: On Street
Utilities
  • Cooling: None
  • Heating: Other
  • Heat Fuel Type: Other
  • Number Of Separate Gas Meters: 3
  • Water Source: Public
  • Number Of Separate Electric Meters: 3
Green Features
  • Green Features: Other

Property History for 1197 Flatbush Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1197 Flatbush Avenue

Taxable ValueLand-Additions-Total-
Home Facts
APN3051880010

Schools near 1197 Flatbush Avenue

This home is within Nyc Geog District #22 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Ms 246 Walt Whitman
Public6 to 8

Midwood High School
Public9 to 12

P.S. 269 Nostrand
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1197 Flatbush Avenue is a multi-family home for sale in Flatbush. This property was listed for sale on May 8, 2024 by GMA Enterprise, it's currently listed at $1,594,000. It has been on the market for a total of 217 days and was last sold on August 13, 2013. This listing's school district is Nyc Geog District #22 - Brooklyn. Nearby schools include P.S. 361 East Flatbush Early Childhood School, Ms 246 Walt Whitman and Midwood High School. 1197 Flatbush Avenue is a 0-bed, 0-bath, 3,000 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GMA Enterprise

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.