Multi Family
950 Flatbush Avenue
Active · Kings (Brooklyn), NY 11226
- Year built
- 1915
- Est. monthly taxes
- $3,070.67
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About this home
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 55' Zoning: R7A / C4-4A (R7A Equivalent) Stories: 3 Basement: Full walk-out basement Asking Price: $3,200,000 Residential Configuration 1 Studio Garden Apartment 2 One-Bedroom Apartments 2 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.
Listing snapshot
- Days on site
- 59 days
- Listed on MLS
- May 18, 2026
- Annual property tax (MLS)
- $36,848.06
- Tax year
- 2025
- Listing brokerage
- 5 Boro Realty Corp
- MLS ID
- KEY1001068
- Last updated
- Oct 23, 2026
General features
- Property type
- Multi Family
- Year built
- 1915
- Parking
- On Street
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Natural Gas Connected
Interior features
- Basement
- Finished, Full
- Heating
- Other
- Cooling
- Electric
Exterior features
- Construction materials
- Other
Schools (MLS)
- Elementary school district
- Brooklyn 22
- Middle school district
- Brooklyn 22
- High school district
- Brooklyn 22
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- Price changed to $3,500,000
- Price changed to $3,600,000
- Price changed to $3,200,000
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.
