1004 Flatbush Ave

1004 Flatbush Ave, Brooklyn, NY 11226

Property Information

  • For Sale $482.64/SF
  • Property Type Retail
  • Property Size 12,222 SF
  • Lot Size 0.15 Acre
  • Cap Rate % 5.7
  • Rental Income / YR $564,331.05
  • NOI / YR $334,594.71
  • Taxes / YR $119,540.00
  • Zoning C4-4A / R7X Equivalent
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Year Built 1925
  • Date Updated Nov 12, 2026

Highlights

  • Located along Brooklyn's busy Flatbush Avenue retail corridor
  • Near major retailers including Target and Five Below
  • Close to Chase, Citibank and other neighborhood services
  • Surrounded by national retailers and local businesses
  • Near the historic Kings Theatre on Flatbush Avenue
  • Q train access at Beverley Road, approximately 0.4 miles away
  • Near Church Avenue subway service, approximately 0.5 miles away
  • Close to Cortelyou Road Q train station
  • B41 bus service runs along Flatbush Avenue
  • Convenient access to multiple subway lines within 0.7 miles
  • Fully occupied by two established retail tenants
  • National restaurant brand on the ground floor
  • Established check cashing business on site
  • Two retail storefronts along Flatbush Avenue
  • Long-term retail tenancy through 2032
  • Scheduled tenant rent increases
  • Corporate lease with Chipotle Mexican Grill, Inc.
  • Additional second-floor space
  • Basement storage space
  • C4-4A zoning with future development potential

Contacts

Location

Located at 1004 Flatbush Ave, Brooklyn, NY 11226, this property is part of the Flatbush neighborhood and Brooklyn market.

Contact Listing Broker
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