1970 FLATBUSH Avenue #TWNH
MLS® #RLS20093758
Listing by Corcoran Group
8
Bedrooms
4.5
Baths
3,240
Sq. Ft.
1949
Year Built
Quick Summary
Property Highlights
- Style: WalkUp architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 27, 2026 | $1,499,000 | - |
| Currently | Jun 15, 2026 | $1,499,000 | - |
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
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Marine Park
View All Marine Park ListingsMarine Park is a residential Brooklyn neighborhood of single-family detached and semi-attached brick homes built primarily in the 1930s through 1960s, surrounding the 798-acre Marine Park salt marsh and nature preserve. Local buses connect to the B/Q trains at Avenue U and the 2/5 at Flatbush Avenue. The Marine Park Golf Course and Salt Marsh Nature Center offer outdoor recreation along Gerritsen Creek.
Marine Park Live Market Data
View NeighborhoodActive Listings
6
Median Asking Price
$925K
Median $/Sqft
$463
Avg Days on Market
N/A
New This Week
0
Price Reduced
0%
Sold (30 Days)
0
Median Sale Price
$775K
Live data from RLS at REBNY • Updated 6/15/26, 12:52 PM EST
Recently Sold in Marine Park
View AllBrowse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
1970 FLATBUSH Avenue #TWNH, Marine Park, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $27,669 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 8 bedrooms and 4 full bathrooms and 1 half bathroom.
The listed interior living area is 3,240 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1949, making it approximately 77 years old.
This listing is RentalBuilding
Pet policy requires confirmation with the listing broker.
At the current list price of $1,499,000 for 3,240 sq ft, the asking price per square foot is approximately $463. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Gina N Taylor
Listing Contact: (646) 382-8802
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.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 6/15/2026 at 4:52 PM UTC