$2,699,999
Multifamily property · MLS 11775350 · Listed 174 days ago (May 14, 2026)
Active: Listed and available according to the MyStateMLS feed.
** Showing by appointment only all week ** Presenting our latest exclusive at the newly built 950 Flatbush Avenue, a rare mixed-use investment opportunity located in one of Brooklyn's busiest and most established commercial corridors. This well-maintained property features five residential units plus one established retail store FREE MARKET, offering strong in-place income and long-term upside. Property Highlights Lot Size: 20' x 113.67' Building Size: 20' x 85' Zoning: R7A / C4-4A (R7A Equivalent) Stories: 3 Basement: Full walk-out basement Asking Price: $2,699,000 Residential Configuration 1 Studio Garden Apartment 3 One-Bedroom Apartments 1 Two-Bedroom Apartments Commercial Component The ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month. Investment Potential Situated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of: Strong current cash flow Creditworthy retail tenancy Desirable residential unit mix Finished basement for additional utility Valuable mixed-use zoning with potential for future development Location Positioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities. This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn's most dynamic and consistently performing investment markets.
Description provided by the listing brokerage.
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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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Listing last modified at the source Oct 23, 2026, 9:28 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 6:10 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.