1452 FLATBUSH Avenue
$1,475,000
MLS# RLS20118608 · Flatbush
Listed October 1, 2026 · 35 days on the market
6 Beds 3 Baths 3,500 Sq.Ft.
About This Property
The Forray Team at The Corcoran Group is pleased to exclusively present 1452 Flatbush Avenue, a well-positioned mixed-use building offering dependable income and long-term upside in Brooklyn's Midwood/Flatbush section, at the historic Flatbush-Nostrand Junction. Sitting directly on one of Brooklyn's busiest retail corridors and moments from Brooklyn College, the property presents a compelling opportunity for investors, developers, and end-users seeking a stable, high-visibility asset in one of the borough's most heavily trafficked commercial nodes.
The property comprises approximately 3,500 gross square feet above grade, situated on a 20' 100' lot totaling approximately 2,000 square feet.Zoned R7A with a C2-4 commercial overlay, the asset carries a 4.0 FAR against a current FAR of just 1.75 , leaving approximately 4,500 square feet of unused buildable area - a total buildable envelope of 8,000 square feet - and meaningful room for future expansion or repositioning. Annual real estate taxes run approximately $ 25,843 under Tax Class 4.
The building is configured as two residential rental units over a ground-floor retail storefront: a 3-bedroom, 1-bathroom unit over a 3-bedroom, 1-bathroom unit, above an approximately 1,300-square-foot commercial space. The store level includes a full cellar for storage, direct access to a rear outdoor space, and two half-bathrooms, giving a future retail, office, or service tenant real flexibility. This configuration offers strong income-producing capability while suiting an owner-occupant seeking supplemental rental income, a long-term investor targeting Flatbush's deep and stable rental demand, or a buyer exploring a value-add or repositioning strategy. Currently offered at a 6.87% pro-forma cap rate.
Ideally situated at the Flatbush- Nostrand Junction - anchored by Brooklyn College and the 250-business Flatbush- Nostrand Junction Business Improvement District - 1452 Flatbush Avenue places tenants and occupants within immediate reach of the neighborhood's shopping, dining, and civic life. The property carries a 96 Walk Score ("Walker's Paradise") and a 100 Transit Score ("Rider's Paradise"), among the strongest transit profiles in Brooklyn. The 2 and 5 subway lines are reachable via a station entrance at Nostrand and Flatbush Avenues roughly 0.2 miles away, and the B41 local and B103 limited-stop buses run directly along Flatbush Avenue, providing fast, direct connections throughout Brooklyn and into Manhattan.
Whether pursuing a cash-flowing mixed-use investment, an owner-occupied opportunity with income offset, or a longer-term play on the property's unused FAR, 1452 Flatbush Avenue offers a rare combination of stable income, zoning upside, and premier positioning at one of Brooklyn's busiest commercial crossroads.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Corcoran Group.
A rear terrace of over 60 square feet, reached directly from the store level, gives this property an outdoor area that belongs to it alone.
Private outdoor space is easy to overlook in a mixed-use building, so it's worth a close look when you walk the property, and the store level's direct access is the detail I'd check first. Two residential units sit above the storefront, and the listing includes a washer and dryer in the unit. Having laundry without leaving home is the sort of practical detail you stop noticing once it's part of your week, and it matters more in a building with a commercial floor below.
The store level has about 1,300 square feet of commercial space, a full cellar for storage and two half-bathrooms, which gives a future retail, office or service tenant a lot to work with. The property is listed as a green building, and the listing says pets are allowed and the building is smoke-free.
Flatbush Avenue at the Flatbush-Nostrand Junction puts the 2 and 5 trains at Flatbush Av-Brooklyn College about 6 minutes on foot. Nostrand Playground, just over 3 acres, is also about 6 minutes away, and Brooklyn College is about 7 minutes. Potiwa Pizza is about 1 minute on foot.
Quick answers+
Does the property have in-unit laundry?
Yes. A washer and dryer are included in the unit.
Is there private outdoor space?
Yes. There is private outdoor space over 60 square feet and a terrace, with direct access from the store level.
Are pets allowed?
Yes. Pets are allowed, and the property is smoke-free.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
- Smoke-free
Home features
- Washer/dryer in unit
- Storage
- Private outdoor space (over 60 sq ft)
- Terrace
Building amenities
Services and facilities
- Green building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$33,301 / month
- Principal and interest$7,458
- Property taxes$25,843
Due at closing
- Down payment (20%)$295,000
- NYS “mansion tax” (1%)$14,750
- Mortgage recording tax (1.925%)$22,715
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
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1452 FLATBUSH Avenue
Subway
- 25Flatbush Av-Brooklyn CollegeAbout 6 min walk · Accessible
- 25Newkirk Av-Little HaitiAbout 9 min walk
Parks
- Nostrand PlaygroundAbout 6 min walk
Public schools · Elementary schools
- P.S. 361 East Flatbush Early Childhood SchoolAbout 6 min walk
- School of Science & TechnologyAbout 7 min walk
- P.S. K315About 7 min walk
High schools
- Midwood High SchoolAbout 5 min walk
Colleges & universities
- Brooklyn College (CUNY)About 7 min walk
- Touro UniversityAbout 22 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Brooklyn
Flatbush is covered by our Brooklyn guide.
A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.
Walkability
9/10
Public transit
8/10
Schools
7/10
Dining
9/10
Groceries & parks
8/10
Gallery
Property Photos
Listing Courtesy of Corcoran Group
This 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.