For sale
$1,895,000
Mixed-use property
9,000 SF building
$211/SF (asking price ÷ building area)
2904 Atlantic AvenueBrooklyn, NY 11207
Listing courtesy of TIP TOP REALTY MANAGEMENT CORP · MyStateMLS #12042739
For saleReduced $108,000 from $2,988,000
$2,880,000
4,410 SF building0.05 acre lot
1135 Flatbush AveBrooklyn, NY 11226
Mixed-use property (from the listing description) · MLS 11816802 · Listed 147 days ago (Jun 10, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
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. The existing building contains approximately 4,410 SF of built space and generates a current Net Operating Income (NOI) of $147,052 annually, with projected NOI reaching $183,856 annually through rent optimization and market-rate leasing. 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. Whether you're seeking a stable cash-flowing asset, a value-add opportunity, or a future development play, 1135 Flatbush Avenue delivers immediate income with significant upside. Property Highlights Corner mixed-use property on Flatbush Avenue Lot Size: 2,110 SF Building Size: 4,410 SF Zoning: R7A / C2-4 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
Description provided by the listing brokerage.
Key facts
- Asking price
- $2,880,000
- Original list price
- $2,988,000
- Status
- For sale
- Property type
- Mixed useFrom the listing description
- Building area
- 4,410 SFSource field LivingArea
- Land area
- 0.05 acresSource field LotSizeSquareFeet
- MLS number
- 11816802
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $2,880,000
- Price per SF of building
- $653/SFAsking price ÷ 4,410 SF reported building area
- Annual taxes
- $31,892
Building and site
- Stories
- 3
- County
- Kings County
Investment figures reported in the description
- Net operating income
- $147,052 (described as pro forma or projected)"…space and generates a current net operating income (noi) of $147,052 annually, with projected noi r…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Reported features
- Corner location (from the description)“…flatbush avenue, brooklyn, ny corner lot | 3 commercial spaces | 4 res…”
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Basement
- Partially Finished
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Brooklyn or mixed-use property in Brooklyn.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…ents | 4,000 sqft extra buildable prime mixed-use investment opportunity 1135 flatbush avenue presen…")
- MLS property class detail. (PropertyTypeDetail: comm-building)
How listings qualify. Something wrong? Report it.
Price and status history
- Original list price reported by the brokerage: $2,988,000
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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$2,100,000
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3,135 SF building0.09 acres lot
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Guides
Listing courtesy of 5 BORO REALTY CORP. Listing agent: NINA SABAG. Listings provided by MyStateMLS.
Listing last modified at the source Oct 26, 2026, 6:14 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 10:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.