833 Flatbush_Property for Sale
833 Flatbush_Property for Sale
833 Flatbush Avenue, New York, NY, 11226, US

833 Flatbush

Asset description

833 Flatbush Avenue, which includes 847 Flatbush Avenue, is a multi-tenant corner retail property located between the vibrant Prospect Lefferts Garden and Flatbush neighborhoods. The Property is 42,871 SF and totals nine separate retail units, six of which are occupied. 833 Flatbush Avenue, a corner retail property, offers excellent visibility and exposure to both vehicular and pedestrian traffic. This prime location is be advantageous for neighborhood and national retail businesses looking to attract customers and capitalize on the neighborhoods growing residential and commercial activity. Additionally, the Property has R7A zoning, giving an investor long term residential development value.


833 & 847 Flatbush Avenue are located on the heavily trafficked corner of Flatbush Avenue and Linden Boulevard, just a few blocks southeast of Prospect Park. Servicing both Flatbush and Prospect Lefferts Gardens, 833 Flatbush Avenue offers retail tenants a dense, quality, urban neighborhood with a combination of both national and neighborhood retail tenants. The neighborhood offers a variety of amenities, including local shops, restaurants, cafes and Prospect Park, one of New York City’s most expansive and beautiful parks. Prospect Lefferts Gardens is a dynamic neighborhood with a thriving commercial scene and a strong sense of community. The location of 833 Flatbush Avenue provides a promising opportunity for businesses looking to establish a presence in this up-and-coming area. 833 Flatbush Avenue is conveniently located near the Church Avenue Subway station and the 2, 5, B, and Q trains.

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Attributes

Building area gross
3,983 sm
Units
9
Zoning
R7A / C2-4
Land area gross
1,629 sm

Media

Investment highlights

  • Combined Lot Dimensions: 111' x 105'
  • Combined Lot Size: 17,533 SF
  • R7A / C2-4
  • Residential FAR: 4.0
  • Total Buildable SF: 70,132 BSF
  • Total Retail Units: 9
  • WALT: 7.9 Years
  • Leased (Above-Grade): 90%
  • Combined Building Size: 42,871 SF
  • Tax Class 4
  • ICIP (Tax Exemption Expires in 2031
833 Flatbush 4_Property for Sale
833 Flatbush 4_Property for Sale

Contact brokers

833 Flatbush (0 Properties)

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Last updated
May 16, 2024