For Sale $5,000,000
Property Type Retail
Property Size 6,379 SF
Lot Size 0.15 Acre
Additional Rent Contact for pricing
Year Built 1914
Date Updated Jun 26, 2024

PRIME LOCATION: 846 Flatbush Avenue, a 25,520 buildable square foot development site in the heart of prime Flatbush.
IDEAL DIMENSIONS: Lot measures 58’ x 108’ (6,390 SF), perfect for efficient multifamily and mixed-use buildings.
ZONING BENEFITS: R7A, C2-4 zoning allows for a total of 25,520 Buildable SF as of right.
RENTAL GROWTH: Significant 20% – 25% increase in residential and commercial rents in the neighborhood over the last 24 months.
RETAIL IMPACT: Proximity to Target’s presence has positively transformed the retail landscape on Flatbush Ave.
RECENT DEVELOPMENTS: Completion of high-end rental buildings, including the notable PLG Building at 123 Linden Blvd, achieving well above market rents.
LUXURY POTENTIAL: Ideal site for luxury rentals or high-end condo buildings due to its location near Prospect Park and convenient public transportation.
TRANSIT ACCESS: Short walk to Church Avenue B & Q train, providing a 20-minute commute to Downtown Brooklyn and Manhattan for tenants.
DEVELOPMENT OPPORTUNITY: Access to a prime site with favorable zoning and growth potential in a thriving neighborhood.
INVESTMENT APPEAL: Attractive opportunity for developers seeking a strategic investment in Brooklyn’s dynamic real estate market.

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Attachments

Brochure (PDF) opens in new window

Contacts

Jermaine Pugh

Matthews Real Estate Investment Services

Location

Getting Around

Walk Score ®
98/100 Walker's Paradise
Transit Score ®
100/100 Rider's Paradise
Bike Score ®
84/100 Very Bikeable

Map
Street

City Brooklyn, NY
Neighborhood Flatbush
Zip Code 11226
Market Brooklyn

Points of Interest

Mex Cabs

0.69 miles
Cortelyou Road

0.78 miles
Church Ave

1.18 miles
Church Avenue

1.19 miles
15th Street–Prospect Park

1.21 miles
Church Ave

1.22 miles
Church Ave Express Car Service

1.23 miles
Franklin Avenue

1.31 miles
7th Avenue (F,G)

1.42 miles
Eastern Parkway - Brooklyn Museum

1.43 miles

BP

0.68 miles
BP

0.69 miles
7-Eleven

0.71 miles
Shell

0.79 miles
BP

0.85 miles
EVgo

1.01 miles
Mobil

1.11 miles
BP

1.13 miles
BP

1.16 miles
Speedway

1.25 miles

Kings County Parking Garage

1.03 miles
The Brooklyn Museum and Botanic Garden

1.33 miles
Car Park Systems

1.44 miles
Ultra Car Park Systems

1.49 miles
Rapid Park

1.59 miles
Pathmark

1.59 miles
Garfield Garage

1.74 miles
Underhill Garage

1.81 miles
Cielo Garage

2.19 miles
CVS

2.54 miles

Green Lake

0.11 miles
Melany Restaurant

0.12 miles
Sybil's Bakery & Restaurant

0.13 miles
De Bamboo Express

0.16 miles
McDonald's

0.24 miles
Atomic Wings

0.24 miles
Park Side Coffee Shop

0.24 miles
Dunkin' Donuts

0.26 miles
Gandhi Fine Indian Cuisine

0.28 miles
Family Pizza

0.29 miles

Key Food

0.13 miles
Ideal Food Basket

0.26 miles
Pioneer

0.27 miles
Associated

0.40 miles
Sears

0.49 miles
Lincoln Market

0.65 miles
Wholesome Gourmet Market

0.65 miles
Key Food

0.73 miles
C-Town

0.74 miles
Flatbush Food Co-Op

0.77 miles

Frequently Asked Questions

How much does 846 Flatbush Ave cost?

The space currently listed for sale at 846 Flatbush Ave asks for $5,000,000.

What is the total square footage of 846 Flatbush Ave?

846 Flatbush Ave totals 6,379 square feet.

When was this property built?

846 Flatbush Ave was built in 1914.

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