For sale
$5,000,000
Retail property
8,900 SF building0.06 acres lot
$562/SF (asking price ÷ building area)
188 Eagle StBrooklyn, NY 11222
Listing courtesy of 5 BORO REALTY CORP · MyStateMLS #12007406
For sale
$8,500,000
12,000 SF building0.28 acre lot
2413-2459 Flatbush AvenueBrooklyn, NY 11234
Retail property (from the listing description) · Storefront · MLS 11982005 · Listed 50 days ago (Sep 15, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Capline Consolidated has been exclusively retained to arrange the sale of 2413-2459 Flatbush Avenue, a premier commercial asset positioned within one of Brooklyn's most resilient retail corridors. Comprising approximately 12,000 square feet of prime retail space on a 12,250-square-foot lot, this offering represents a high-yield opportunity for institutional investors and private operators alike. Asking Price: $8,500,000 Net Operating Income (NOI): $537,322.52 Cap Rate: 6.32% Total Building Area: 12,000 SF Total Lot Area: 12,000 SF Near Full Occupancy (Strategic Lease-up Opportunity) This asset is defined by its strategic location at the nexus of four affluent and densely populated Brooklyn enclaves: Mill Basin, Marine Park, Bergen Beach, and Flatlands. As a dominant retail strip on a high-traffic thoroughfare, the property captures a relentless stream of both vehicular and pedestrian commerce, ensuring long-term tenant viability and consistent cash flow. Institutional-Grade Stability: The current tenant roster is composed of high-performing operators, demonstrating the strength of this specific sub-market. Optimized for 1031 Exchange: With limited landlord responsibilities and a streamlined management profile, this asset is an ideal vehicle for an investor seeking a hands-off, "institutional-grade" addition to their portfolio. Logistical Dominance: Situated on Flatbush Avenue, the property benefits from unparalleled visibility and serves as a vital commercial hub for the surrounding residential neighborhoods.
Description provided by the listing brokerage.
Key facts
- Asking price
- $8,500,000
- Status
- For sale
- Property type
- RetailFrom the listing description
- Building area
- 12,000 SFSource field LivingArea
- Land area
- 0.28 acresSource field LotSizeSquareFeet
- MLS number
- 11982005
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
- $8,500,000
- Price per SF of building
- $708/SFAsking price ÷ 12,000 SF reported building area
- Annual taxes
- $162,000
Building and site
- Stories
- 1
- County
- Kings County
Investment figures reported in the description
- Cap rate
- 6.32% (actual or pro forma not stated)"…ing income (noi): $537,322.52 cap rate: 6.32% total building area: 12,000 s…"
- Net operating income
- $537,322 (actual or pro forma not stated)"…ike. asking price: $8,500,000 net operating income (noi): $537,322.52 cap rate: 6.32% total building…"
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
- Near public transit (from a listing field)
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.
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 retail property in Brooklyn.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "core retail investment: 12,000 sf assemblage")
- MLS property class detail. (PropertyTypeDetail: comm-building)
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Price and status history
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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For sale
$9,500,000
Retail property
- Parking reported
2050 Stillwell AvenueBrooklyn, NY 11223
Listing courtesy of JOHN A MAGUIRE REAL ESTATE LLC · MyStateMLS #11982138
Guides
Listing courtesy of CAPLINE CONSOLIDATED LLC. Listing agent: Robert Shiryak. Listings provided by MyStateMLS.
Listing last modified at the source Sep 15, 2026, 6:39 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 8:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.