Contacts
Jermaine Pugh
Matthews Real Estate Investment Services
Property Details
- 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.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
-
98/100
Walk Score ®
-
100/100
Transit Score ®
-
84/100
Bike Score ®
Location
- 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
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Jermaine Pugh
Matthews Real Estate Investment Services