Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1218 FLATBUSH Avenue #1
Interested in this property?
Active For Rent Rental

$5,500/mo

1218 FLATBUSH Avenue #1

Ditmas Park, Brooklyn

MLS® #RLS20080039

RLS at REBNY

Listing by Berkshire Hathaway HomeServices New York Properties

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

Studio

1

Bath

N/A

Sq. Ft.

1933

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1933
Ownership RentalBuilding
Neighborhood Ditmas Park
Floor 1 of 2

Property Highlights

  • Style: WalkUp architecture
  • Character: Pre-war building (1933)

Property Details

Type Rental
Ownership Rental Building
Total Rooms 1
Baths 1 Full
Floor 1 of 2
Pets Yes
Year Built 1933
Architectural Style WalkUp
Furnished Unfurnished
Basement Other
Parcel # 05209-0001
Block/Lot 05209/0001

Listing History

Event Date Price Change
Listed Mar 27, 2026 $5,500 -
Currently May 1, 2026 $5,500 -

Description

PRIME CORNER RETAIL OPPORTUNITY 1218 Flatbush Avenue, Brooklyn

Position your business at the corner of a very active commercial corridor. 1218 Flatbush Avenue offers a highly visible corner retail space with expansive window frontage, delivering maximum exposure and natural light throughout.

This street-level space benefits from strong foot traffic and constant vehicular flow, making it ideal for retailers, medical, or service-oriented businesses seeking a high-impact presence. The prominent corner positioning allows for exceptional branding opportunities and continuous visibility from multiple directions.

Surrounded by a dense residential population and an established mix of local tenants, the location provides a built-in customer base and steady daily activity. Convenient access to nearby subway lines and multiple bus routes further enhances accessibility for both customers and staff.

A rare opportunity to secure a corner retail presence with unmatched visibility in a proven Brooklyn trade area.

Features & Amenities

Interior Features

Building None

Exterior Features

Private Outdoor Space Under60 Sqft

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 2
Style WalkUp

Rental Details

Available

3/26/2026

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$5,500

Security Deposit

$5,500

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$458
Est. nightly rate
65%
Avg. occupancy
$8,931
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

Ditmas Park is a landmarked Brooklyn neighborhood recognized for its freestanding Victorian, Colonial Revival, Tudor, and Craftsman homes set back from the street with porches and landscaped yards. The B and Q trains serve the neighborhood at Cortelyou Road, Beverley Road, Newkirk Plaza, and Avenue H stations, and Prospect Park's 526 acres of green space sit just to the northwest. The historic district encompasses roughly 2,000 residential buildings dating from 1902 to 1914, making it one of the city's best-preserved collections of early 20th-century residential architecture.

Ditmas Park Live Market Data

View Neighborhood

Active Listings

31

Median Asking Price

$599K

Median $/Sqft

$700

Avg Days on Market

N/A

New This Week

3

Price Reduced

35%

Sold (30 Days)

5

Median Sale Price

$1.16M

Live data from RLS at REBNY • Updated 4/30/26, 11:45 PM EST

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Location

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1218 FLATBUSH Avenue #1, Ditmas Park, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1933
Year Built
93 years old
2
Floors
R7A
Zoning District

Tax & Assessment

Assessed Value: $452,700
Land Value: $138,600
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,239 SF
Building Area: 5,760 SF
Built FAR: 1.78
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1933, making it approximately 93 years old.

This listing is RentalBuilding

Pet policy requires confirmation with the listing broker.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or [email protected].

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20080039
First Listed: 3/27/2026
On Market: 3/27/2026
Price Changed: 3/27/2026
Contract Date: 3/27/2026

Listing Courtesy of Berkshire Hathaway HomeServices New York Properties - Doron Berenholtz

Listing Contact: (718) 344-2668

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 3:45 AM UTC

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