$950,000

1742 Flatbush Ave Brooklyn, NY 11210

Flatlands Neighborhood

Estimated payment $5,244/month

Total Views 767
-- Bed
-- Bath
1,980 Sq Ft
$480 Price per Sq Ft

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 5-minute walk to Amersfort Park
  • P.S. 193 Gil Hodges Rated A-
  • Back Yard

About This Home

Welcome to this well-positioned mixed-use investment property in the Flatlands. This attached building, situated on an 18 x 72 foot lot with building size of 18 x 55 foot footprint, is perfectly configured with a grocery store occupying the first floor and basement, and a two-bedroom apartment on the second floor. The commercial space provides stable income with a current monthly rent of $3,100 and one year remaining on its lease, while the residential unit offers flexibility and upside with a month-to-month tenancy at $1,700 per month. Zoned R5 with a C2-2 overlay, the property is ideally permitted for its current use. Its excellent location is highlighted by being just two blocks from Kings Highway. With annual gross income of $57,600 and a low annual tax bill of only $3,189, this asset represents a strong cash-flowing opportunity.

Listing Agent

Emily Liang

RE/MAX Real Estate Professionals License #10401235357 Listed on: 11/19/2025

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1920

Lot Details

  • 1,295 Sq Ft Lot
  • Lot Dimensions are 72 x 18
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • Insurance Expense $2,700
  • Gross Income $57,600

Listing and Financial Details

  • Tax Block 7598

Property Details

Property Type

Other

Est. Annual Taxes

$3,189

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 18.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 34th St
  • Cross Street Name2: East 35th St
  • Heat Delivery: Hot Water
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 12
  • Fill Sq Ft Total: 1980
  • Building Stories: 2
  • Street Name I D X: Flatbush
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1295

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick, Other
  • Foundation Details: Poured Concrete
  • Lot Number: 37
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 72
  • Lot Size Width: 18
  • Zoning: R5

Rental Info

  • Rent Income: 4800

Multi Family

  • Annual Gross Expense: 6489.00
  • Annual Gross Income: 57600
  • Insurance Expense: 2700.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 3189.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,827 $54,060 $11,700 $42,360
2024 $2,827 $46,740 $11,700 $35,040
2023 $2,427 $43,440 $11,700 $31,740
2022 $1,887 $41,460 $11,700 $29,760
2021 $2,139 $35,760 $11,700 $24,060
2020 $943 $38,040 $11,700 $26,340
2019 $1,885 $38,040 $11,700 $26,340
2018 $2,039 $29,084 $10,002 $19,082
2017 $2,062 $27,438 $10,114 $17,324
2016 $2,288 $25,885 $11,446 $14,439
2015 $961 $24,420 $11,700 $12,720
2014 $961 $24,420 $11,700 $12,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $950,000 -- $480 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $659,800 --
Deed $659,800 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Deed $157,000 Commonwealth Land Title Ins
Deed $136,000 Ticor Title Guarantee Compan
Deed $157,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 Commercial
Closed $345,000 Commercial
Previous Owner $172,700 FHA
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 497443

Brooklyn Board of REALTORS®

APN: 07598-0037

New York Kings County Brooklyn 11210 Flatlands

1742 Flatbush Ave, Brooklyn, NY

For Sale

Other

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Emily Liang
Listing Agent
Emily Liang
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RE/MAX Real Estate Professionals
(929) 788-6102