1238 Flatbush Avenue

$1,400,000
Price
6
Beds
3
Baths
3,024 Sq. Ft.
$463 / Sq. Ft.
3,024
Sq. Ft.
$463
per Sq. Ft.

Description

Here's an opportunity to own a great mixed use property on one of the most iconic streets in Brooklyn. This property is located on a high traffic commercial area to accommodate commercial tenant. Above the commercial space are two three bedroom residential apartments. Tenants pay their own utilities including heat and hot water. Each unit has its own separate boiler and water heater. There are currently no leases.Here's an opportunity to own a great mixed use property on one of the most iconic streets in Brooklyn. This property is located on a high traffic commercial area to accommodate commercial tenant. Above the commercial space are two three bedroom residential apartments. Tenants pay their own utilities including heat and hot water. Each unit has its own separate boiler and water heater. There are currently no leases.
  1. Listed by Michael Alexander • Paragon Real Estate

Amenities

  • Walk Up
  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 01/03/2025 10:45 AM

Property Details for 1238 Flatbush Avenue

StatusActive
MLS ID488333
Days on Market4
Taxes-
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1933
Lot Size1,833 SF / 18' x 100'
CountyKings County

Building

1238 Flatbush Ave

3 Units3 StoriesBuilt in 1933

Building Information for 1238 Flatbush Avenue

Stories3Residences3Year Built1933Lot Size1,833 SF / 18' x 100'Building Age-Building Type-

Property Information for 1238 Flatbush Avenue

Summary
Location and General Information
  • Block: 5209
  • Number Of Stories: 1
  • Cross Street Name: Avenue D
  • Cross Street Name: Newkirk Avenue
  • Roof: Flat
  • Water Front Present YN: No
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: Bank Mortgage, Cash
  • Gross Income: $66,000.00
Property
Lot Information
  • Sq Ft Total: 3024
  • Yard: Back
  • Lot Number: 12
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 18
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Unfinished
  • Commercial Features Interior: None
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 3
  • Lavatories: 3
  • Construction Materials: Brick
  • Electric: Circuit Breakers
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Doors - 10 ft and under
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1008.0
  • Building Length: 55.0
  • Building Type: Attached
  • Building Width: 18.33
Unit 1
  • Unit Baths Full: 0
  • Unit Baths Half: 1.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Category: Store
  • Unit Current Rent: 2400.0
  • Unit Floor: 1
  • Unit Status: Month-to-Month
  • Unit Unit Type: Other
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1500.0
  • Unit Features: Appliances Included
  • Unit Floor: 2
  • Unit Rooms Total: 6
  • Unit Status: Month-to-Month
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1600.0
  • Unit Features: Appliances Included
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No
  • Rent Income: 5500.0

Property History for 1238 Flatbush Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1238 Flatbush Avenue

Taxable ValueLand$13,200Additions$54,960Total$68,160
Home Facts
Total Finished SqFt3,000 SqFtLot Size1,833 SqFtYear Built1933ZoningR7AAPN3052090012

Schools near 1238 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
P.S. 315
PublicPK to 5

Jhs 62 Ditmas
Public6 to 8

Midwood High School
Public9 to 12

School Of Science And Technology
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.

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1238 Flatbush Avenue is a mixed use property for sale in Ditmas Park. This property was listed for sale on January 2, 2025 by Paragon Real Estate, it's currently listed at $1,400,000. This listing's school district is Nyc Geog District #22 - Brooklyn. Nearby schools include P.S. 315, Jhs 62 Ditmas and Midwood High School. 1238 Flatbush Avenue is a 6-bed, 3-bath, 3,024 sqft mixed use property built in 1933.

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Listing Courtesy of Paragon Real Estate

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