Michele Sherry-Mosca
Licensed Real Estate Salesperson
REALTOR®
MLS#1010556
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLBrooklyn 22
Property Description
Mixed-Use Investment Opportunity.Rare entry point into Brooklyn mixed-use on one of the borough's busiest retail corridors. This three-unit building pairs a vacant ground-floor commercial space with two residential apartments above, existing income plus real upside, a profile that's hard to find on Flatbush.The ground-floor retail is delivered vacant, with 19'10 of frontage on Flatbush, giving the buyer full control to mark the space to market, secure their own tenant, or operate as an owner-user. The two apartments above provide existing residential income, so the asset works from day one while the retail rent is yours to write.Positioned directly on Flatbush Avenue with constant foot traffic, multiple bus lines at the door, and storefront visibility all day, this is a location you simply can't recreate. Whether you're an investor adding to a mixed-use portfolio or an owner-user looking to build equity while collecting rent above, the value-add potential here is real.A true Brooklyn commercial play in a corridor that's been busy for a hundred years.
Property Features
Property Type: Commercial - Multiple
Basement: Finished
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.03 Acres
Stories: 3.0
Taxes: $7,554
Year Built: 1920
Feature Descriptions
Building Area Total: 2760
Business Type: Commercial, Convenience Store, Deli/Catering, Drugstore, Grocery, Liquor Store, Retail
Exterior: Brick
On Market Date: 2026-06-08
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Local Schools
School District: Brooklyn 22
Listed By / Shown By
Listing By
Agency Name: 5 Boro Realty Corp
Agency Contact: 917-763-0331
Shown By
Agent Name: Michele Sherry-Mosca
Agent Phone: (516) 410-0565
Agency Title: Coldwell Banker American Homes
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1692 Flatbush Ave | MLS# 1010556
This commercial property located at 1692 Flatbush Ave, Brooklyn, NY 11210 is currently listed for sale with an asking price of $1,400,000. Flatbush Ave is located within the Brooklyn 22 school district. Search Brooklyn real estate on michelemosca.cbamhomes.com today.