1742 Flatbush Ave Brooklyn, NY 11210
Flatlands NeighborhoodEstimated payment $5,478/month
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
RE/MAX Real Estate Professionals License #10401235357 Listed on: 11/19/2025
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,189 | $51,180 | $11,700 | $39,480 |
| 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 | $1,855 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $950,000 | -- | $480 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $659,800 | -- | |
| Foreclosure Deed | -- | -- | |
| Deed | $136,000 | Ticor Title Guarantee Compan | |
| Deed | $157,000 | Commonwealth Land Title Ins |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Unknown | |
| Closed | $51,000 | Commercial | |
| Closed | $345,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 497443
APN: 07598-0037
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Ask me questions while you tour the home.