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1135 Flatbush Avenue, Brooklyn, NY 11226

Kings (Brooklyn) County

Key Facts

4,410Sq Ft
1933Year Built
0.05Lot (acres)

Description

1135 Flatbush Avenue, Brooklyn, NY Corner Lot | 3 Commercial Spaces | 4 Residential Apartments | 4,000 sqft Extra Buildable Prime Mixed-Use Investment Opportunity 1135 Flatbush Avenue presents a rare opportunity to acquire a well-positioned mixed-use asset in one of Brooklyn's most active commercial corridors. Situated on a 2,110 SF corner lot with excellent visibility, the property benefits from strong residential and retail demand, making it ideal for both investors and developers. Property Highlights Corner mixed-use property on Flatbush Avenue Lot Size: 2,110 SF Building Size: 4,410 SF Zoning: R7A / C2-4 Current FAR: 2.09 Maximum Buildable Area: 8,440 SF Additional Buildable Area Available: 4,030 SF Southeast corner exposure Strong retail frontage and residential rental income Annual Property Taxes: $31,892 Investment Opportunity With over 4,000 SF of unused development rights, investors have the opportunity to expand the existing structure and unlock substantial additional value. The property's location along the Flatbush Avenue corridor offers excellent transportation access, high pedestrian traffic, and long-term appreciation potential.

Property Information

Property Type

Commercial Sale

Sub-Type

Multi Family

Year Built

1933

Living Area

4,410 sq ft

Lot Size

0.05 acres

Days on Market

1

MLS® Listing#

1011794

Property Features

Cooling

Wall/Window Unit(s)

Heating

Natural GasOther

Basement

Partially Finished

Parking

On Street

Construction

Other

Utilities

See Remarks

Sewer

Public Sewer

Water Source

Other

Financial Details

Annual Taxes

$31,735

Parcel Number

05187-0011

Affordability Calculator

$597,600

Estimated monthly payment

$15,903/mo

Principal $2,390,400 · Est. interest $3,334,821 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Brooklyn, NY

$991,912
Median Listing Price
83
Median Days on Market
1,640
Median Sq Ft
$567
Median Price / Sq Ft
2,891
Active Listings
  • This home’s price is 201% above the area median.
  • Its price per sq ft is 19% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.

Location

Map showing the location of 1135 Flatbush Avenue, Brooklyn, NY 11226

Points of Interest in Brooklyn, NY

Showing the Brooklyn area map.

Nearby Schools

  • Lizzy's Day Care

    School · 0.3 mi away

  • P. S 245 Magnet School of Arts and Science

    Elementary · 0.3 mi away

  • Success Academy Flatbush

    Elementary · 0.4 mi away

  • Success Academy Ditmas Park Middle School

    School · 0.4 mi away

  • M. S. 246 Walt Whitman

    Secondary · 0.4 mi away

  • PS 152 Annex

    Elementary · 0.4 mi away

  • P. S. 139 Alexine A. Fenty

    Elementary · 0.5 mi away

  • Flatbush Ascend Middle School

    School · 0.5 mi away

  • Noah's Ark Preparatory School

    Elementary · 0.5 mi away

  • P. S. 399 Stanley Eugene Clark

    Elementary · 0.5 mi away

  • High School for Service & Learning at Erasmus

    Secondary · 0.5 mi away

  • Breonna's School

    Secondary · 0.5 mi away

  • Academy for College Preparation and Career Exploration: A College Board School

    School · 0.5 mi away

  • Science Technology and Research Early College High School at Erasmus

    Secondary School · 0.5 mi away

  • High School for Youth and Community Development

    Secondary · 0.5 mi away

  • Central Brooklyn Ascend Charter School

    Elementary · 0.5 mi away

  • Cortelyou Early Childhood Center

    School · 0.5 mi away

  • Elemental Arts Montessori

    Elementary · 0.5 mi away

  • PS 361

    Elementary · 0.6 mi away

  • Success Academy East Flatbush Middle School

    Elementary · 0.6 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
7812 New Utrecht Avenue, Brooklyn, NY$2,098,0002,640
372 Parkside Avenue, Brooklyn, NY$2,099,000643,000
4105 8th Avenue, Brooklyn, NY$2,099,00093,300
372 Parkside Avenue, Brooklyn, NY$2,099,00063,000
6801 New Utrecht Avenue, Brooklyn, NY$2,099,0005,280
344 80th Street, Brooklyn, NY$2,099,9996,332

Moving Cost Estimate

EXIT Agents in Brooklyn

Listing Courtesy: 5 Boro Realty Corp - 8553053325

Presented by: Nina Sabag

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
Fair Housing Notice

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by LIBOR. MLS® Listing#1011794. © 2026EXIT Realty®. All rights reserved.