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1310 Flatbush Avenue, Brooklyn, New York, 11210

$5,599,000

0

Beds

Bathrooms

9,000

Building Sqft

0.08

Acres

3,290

Lot Sqft

About 1310 Flatbush Avenue

The Bedford Flats is a mixed-use investment comprised of two adjoining buildings, offered for sale as a single investment opportunity at 1310 & 1312 Flatbush Avenue in Brooklyn. 1310 features one ground-floor commercial storefront and four 2-bedroom apartments, while 1312 features one ground-floor commercial storefront, two 2-bedroom apartments, and two 3-bedroom apartments. Together, the property includes two commercial storefronts and eight free-market residential apartments. Each building is designed with a commercial storefront fronting Flatbush Avenue and a separate residential entrance along Bedford Avenue, creating a clear distinction between the commercial and residential components. Ownership has invested significant capital into a complete gut renovation of all eight residential apartments, which are nearing completion and will be delivered as a turnkey apartment product featuring modern finishes, central air conditioning, in-unit washer/dryers, dishwashers, and upgraded building systems throughout. Renderings reflect the completed apartment finishes being delivered. Significant upgrades were also completed to the commercial spaces and underlying building infrastructure, including plumbing, electrical, HVAC, and basement improvements, further enhancing the property’s long-term value while minimizing anticipated near-term capital expenditures. The commercial spaces are occupied by established tenants, while all eight residential apartments are vacant, allowing investors to immediately lease the units at market rents and establish a market-rate residential rent roll. Located near Brooklyn College and public transportation, The Bedford Flats combines stable commercial tenancy, fully renovated free-market apartments, and significant capital improvements, presenting a compelling opportunity to pair immediate commercial income with the ability to establish a market-rate residential rent roll, creating strong long-term cash flow and appreciation potential.

Features of 1310 Flatbush Avenue

MLS® #
502745
Acres
0.08
Type
Mixed Use
Price
$5,599,000
Square Footage
9,000
Year Built
1931
Sub-Type
Mixed Use

Community Information

Address
1310 Flatbush Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11210

Listing Information

Agent Name
Robert J. Burnett
Agent Office
Revived Residential

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