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  • 1970 Flatbush Avenue, TWNH
  • 10 Rooms
  • 8 Beds
  • 4.5 Baths
  • $ 1,499,000
1970 Flatbush Avenue Flatlands Brooklyn NY 11234
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1970 Flatbush Avenue, TWNH

Flatlands   |   Lott Place & Flatlands Avenue
Listing ID: 99546TH

  • $ 1,499,000
  • 8 Bedrooms
  • 4.5 Bathrooms
  • 3,240/301 Approx. SF/SM
  • %Financing Allowed

  • Details
  • Mixed UseOwnership
  • $ 27,669Maintenance
  • $ 27,669Real Estate Taxes
  • ActiveStatus

1970 Flatbush Avenue Flatlands Brooklyn NY 11234
  • Description
  • 1970 Flatbush Avenue Brooklyn, NY
    Mixed-Use Investment & Owner-User Opportunity

    Rare opportunity to acquire a cash-flowing mixed-use asset located on heavily trafficked Flatbush Avenue in Brooklyn. The property features a ground-floor commercial storefront with basement access and 1.5 bathrooms, plus two residential apartments above generating stable rental income.
    The asset combines strong existing cash flow with long-term upside potential through future rent growth, commercial repositioning, and potential tax optimization associated with residential mixed-use usage.
    Positioned along a high-visibility commercial corridor with strong foot and vehicle traffic, the property is ideal for investors, 1031 exchange buyers, or owner-users seeking stable income in a prime Brooklyn location.

    The commercial space includes:
    High-visibility storefront exposure
    Full basement for storage or operations
    1 half bath in main store area
    1 full bath in rear office/storage area

    Above the commercial unit are two residential income-producing apartments:

    Second Floor:
    4 Bedrooms / 2 Bathrooms
    Spacious front living room with en-suite bath
    Additional full bathroom off kitchen

    Third Floor:
    4 Bedrooms / 1 Bathroom

    Whether you're looking for a strong cash-flow investment, a live/work opportunity, or a repositioning play in one of Brooklyn's busiest corridors, 1970 Flatbush Avenue offers flexibility, visibility, and long-term potential.
    Tax Amount: $27,669

    The ground-floor commercial space offers flexibility for a wide range of business concepts including:
    -Café or coffee concept
    -Juice bar or smoothie shop
    -Specialty food market
    -Boutique fitness studio
    -Wellness or med spa
    -Physical therapy or medical office
    -Professional office space
    -Beauty salon or barbershop
    -Nail or cosmetic studio
    -Boutique retail
    -Cannabis dispensary (subject to approvals)
    -Insurance, legal, or accounting office
    -Creative studio or showroom
    -Quick-service restaurant
    -Dessert or bakery concept
    The storefront benefits from strong visibility, consistent traffic flow, and prominent positioning along a major Brooklyn commercial artery.

    Neighborhood Overview The Flatbush Corridor:
    Flatbush Avenue remains one of Brooklyn's most active and recognizable commercial corridors, connecting multiple densely populated residential neighborhoods with retail, dining, transportation, and entertainment destinations.
    The surrounding area continues to experience steady residential demand, ongoing neighborhood investment, and strong consumer traffic driven by both local residents and commuters. The corridor is home to a diverse mix of:
    -National retailers
    -Local restaurants and cafés
    -Service-oriented businesses
    -Medical and wellness operators
    -Fitness concepts
    -Professional offices
    -Cultural and community destinations
    Its accessibility, density, and continuous commercial activity make Flatbush Avenue a highly desirable location for both tenants and long-term investors.

    Investment Highlights:
    -High-cash-flow mixed-use investment
    -Diversified residential and commercial income
    -Ground-floor storefront with basement access
    -Two residential apartments above
    -Strong Flatbush Avenue exposure
    -Heavy foot and vehicle traffic
    -Flexible commercial use potential
    -Stable in-place income
    -Potential future tax optimization upside
    -Investor or owner-user opportunity

    1970 Flatbush Avenue Brooklyn, NY
    Mixed-Use Investment & Owner-User Opportunity

    Rare opportunity to acquire a cash-flowing mixed-use asset located on heavily trafficked Flatbush Avenue in Brooklyn. The property features a ground-floor commercial storefront with basement access and 1.5 bathrooms, plus two residential apartments above generating stable rental income.
    The asset combines strong existing cash flow with long-term upside potential through future rent growth, commercial repositioning, and potential tax optimization associated with residential mixed-use usage.
    Positioned along a high-visibility commercial corridor with strong foot and vehicle traffic, the property is ideal for investors, 1031 exchange buyers, or owner-users seeking stable income in a prime Brooklyn location.

    The commercial space includes:
    High-visibility storefront exposure
    Full basement for storage or operations
    1 half bath in main store area
    1 full bath in rear office/storage area

    Above the commercial unit are two residential income-producing apartments:

    Second Floor:
    4 Bedrooms / 2 Bathrooms
    Spacious front living room with en-suite bath
    Additional full bathroom off kitchen

    Third Floor:
    4 Bedrooms / 1 Bathroom

    Whether you're looking for a strong cash-flow investment, a live/work opportunity, or a repositioning play in one of Brooklyn's busiest corridors, 1970 Flatbush Avenue offers flexibility, visibility, and long-term potential.
    Tax Amount: $27,669

    The ground-floor commercial space offers flexibility for a wide range of business concepts including:
    -Café or coffee concept
    -Juice bar or smoothie shop
    -Specialty food market
    -Boutique fitness studio
    -Wellness or med spa
    -Physical therapy or medical office
    -Professional office space
    -Beauty salon or barbershop
    -Nail or cosmetic studio
    -Boutique retail
    -Cannabis dispensary (subject to approvals)
    -Insurance, legal, or accounting office
    -Creative studio or showroom
    -Quick-service restaurant
    -Dessert or bakery concept
    The storefront benefits from strong visibility, consistent traffic flow, and prominent positioning along a major Brooklyn commercial artery.

    Neighborhood Overview The Flatbush Corridor:
    Flatbush Avenue remains one of Brooklyn's most active and recognizable commercial corridors, connecting multiple densely populated residential neighborhoods with retail, dining, transportation, and entertainment destinations.
    The surrounding area continues to experience steady residential demand, ongoing neighborhood investment, and strong consumer traffic driven by both local residents and commuters. The corridor is home to a diverse mix of:
    -National retailers
    -Local restaurants and cafés
    -Service-oriented businesses
    -Medical and wellness operators
    -Fitness concepts
    -Professional offices
    -Cultural and community destinations
    Its accessibility, density, and continuous commercial activity make Flatbush Avenue a highly desirable location for both tenants and long-term investors.

    Investment Highlights:
    -High-cash-flow mixed-use investment
    -Diversified residential and commercial income
    -Ground-floor storefront with basement access
    -Two residential apartments above
    -Strong Flatbush Avenue exposure
    -Heavy foot and vehicle traffic
    -Flexible commercial use potential
    -Stable in-place income
    -Potential future tax optimization upside
    -Investor or owner-user opportunity

    Listing Courtesy of Corcoran Group
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  • Matthew Coleman

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    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
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  • Matthew Coleman

    License

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2026 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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Legal
Fair Housing Policy
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T01.50.0.0 | Core: 50.0.0
31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0