For saleReduced $200,000
$1,199,000
Retail property
372 Wilson AveBrooklyn, NY 11221
Listing courtesy of REGAL HOMES REALTY · MyStateMLS #11905716
For sale
$999,999
1,950 SF building0.05 acre lotBuilt 1933
4222 Ave DBrooklyn, NY 11203
Retail property (from the listing description) · Storefront · MLS 12047233 · Listed 9 days ago (Oct 27, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Welcome to this exceptional mixed-use investment opportunity in the heart of East Flatbush, Brooklyn! This versatile property offers excellent income-producing potential for investors and business owners alike. The property features an existing 2-bedroom, 1-bathroom unit generating $2,600 in monthly rental income, along with a ground-floor commercial space offering the potential to generate an additional $10,000 per month. This brings the total projected rental income to $12,600 monthly, or $151,200 annually. Additional highlights include approximately 2,000 square feet of potential rentable commercial space, with the possibility of accommodating four separate units-one storefront in the front and three spaces in the rear, subject to applicable approvals. The property also features a backyard and convenient shutter access to the basement. Annual expenses include approximately $12,221 in property taxes, $3,600 in insurance, and $1,800 in water costs. Based on the stated income and expenses, the property offers a projected Net Operating Income (NOI) of approximately $133,579 and an estimated capitalization rate of 13.36% based on a $1,000,000 property valuation, before additional operating expenses. Conveniently located near shopping, transportation, and neighborhood amenities, this East Flatbush mixed-use property offers flexibility, strong projected rental income, and long-term investment potential. Don't miss this opportunity!
Description provided by the listing brokerage.
Key facts
- Asking price
- $999,999
- Status
- For sale
- Property type
- RetailFrom the listing description
- Building area
- 1,950 SFSource field LivingArea
- Land area
- 0.05 acresSource field LotSizeSquareFeet
- Year built
- 1933
- MLS number
- 12047233
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
- $999,999
- Price per SF of building
- $513/SFAsking price ÷ 1,950 SF reported building area
- Annual taxes
- $12,546Tax year 2026
Building and site
- County
- Kings County
Investment figures reported in the description
- Cap rate
- 13.36% (actual or pro forma not stated)"…ely $133,579 and an estimated capitalization rate of 13.36% based on a $1,000,000 propert…"
- Net operating income
- $133,579 (described as pro forma or projected)"…e property offers a projected net operating income (noi) of approximately $133,579 and an estimated capitalizatio…"
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.
Listing details
Flooring
- Hardwood
Heating
- Baseboard
- Natural Gas
Construction
- Brick
Roof
- Slate
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: "…f accommodating four separate units-one storefront in the front and three spaces in the re…")
- MLS property class detail. (PropertyTypeDetail: comm-building)
How listings qualify. Something wrong? Report it.
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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Guides
Listing courtesy of 5 BORO REALTY CORP. Listing agent: NINA SABAG. Listings provided by MyStateMLS.
Listing last modified at the source Oct 29, 2026, 3:26 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 12:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.