1742 Flatbush Avenue   Unit HOUSE

Prewar Townhouse Built 1920 in Flatbush / Central Brooklyn | Intercom And No Elevator

Description

Welcome to this well-positioned mixed-use investment property in the Flatlands. This attached building, situated on an 18 x 72 foot lot with building size of 18 x 55 foot footprint, is perfectly configured with a grocery store occupying the first floor and basement, and a two-bedroom apartment on the second floor. The commercial space provides stable income with a current monthly rent of $3,100 and one year remaining on its lease, while the residential unit offers flexibility and upside with a month-to-month tenancy at $1,700 per month. Zoned R5 with a C2-2 overlay, the property is ideally permitted for its current use. Its excellent location is highlighted by being just two blocks from Kings Highway. With annual gross income of $57,600 and a low annual tax bill of only $3,189, this asset represents a strong cash-flowing opportunity.
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Building Features 2 Floors1 Units

intercom

$950,000 / $479 per ft²

Listed on Nov 19, 2025

35 Days on Market

- Beds / - Baths - / 1,980 ft²

Total Monthly expenses: $265

Maintenance: - / R.E. Taxes $265

Other Details:

Mixed Use (1-6 Family)

Lot Size: 18.0' x 71.92' Built: 18.0' x 55.0'

Zoning: S1-5, S9

Exclusively listed with: Momentum Real Estate LLC Source: Brooklyn MLS

Emily Hui Chen-Liang

[email protected]

(347) 320-2569

Listing Courtesy of Momentum Real Estate LLC

Unit listing history

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