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MLS ID KEY1001068Last updated Oct 23, 2026

Multi Family

950 Flatbush Avenue

Active · Kings (Brooklyn), NY 11226

Asking price$2,699,999Request a Showing
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

  1. Listing updated from MLS
  2. Price changed to $3,500,000
  3. Price changed to $3,600,000
  4. Price changed to $3,200,000
  5. First seen on this site
  6. MLS status changed

Location

Kings (Brooklyn), NY 11226Show interactive map
950 Flatbush Avenue

Kings (Brooklyn), NY 11226

Google Maps directions

Listing data is supplied by the MLS and may change without notice.